702 N Reese Place
Burbank, CA, 91506
$999,999
MLS: 26658891
Beds
2
Baths
1
Sq Ft
1,020
Lot
0.15 ac
Year Built
1942
MLS #
26658891
Days on Market
10
Listed
Mar 3, 2026
Description
Welcome to 702 N. Reese Place, a perfect opportunity to own a character filled Burbank home on a generous lot in one of Burbank's most beloved neighborhoods. This inviting home blends classic charm with everyday comfort and effortless Southern California living. Step inside to discover a warm and inviting layout featuring 2 bedrooms and 1 bathroom across 1,020 sq ft of living space. The bright and cheerful living area sets the tone with abundant natural light from the front window and seamless flow into the dining and kitchen areas, perfect for everyday living and family entertaining. The kitchen offers a thoughtful cooking space with easy access to the backyard and outdoor living space, ideal for al fresco dining, gardening, and indoor or outdoor gatherings. The beautiful backyard with a blooming lemon tree provides endless potential for personalization, whether you dream of creating a lush garden, patio retreat, or outdoor entertainment space. One of the most unique aspects of this home is that all of the furniture, fixtures, and household contents are included in the sale, allowing the next owner to move right in or capitalize on a turnkey investment. Situated on a desirable street in the heart of Burbank, this home offers both convenience and a peaceful residential vibe, close to excellent local schools, parks, dining, shops and city amenities. Don't miss your chance to own this exceptional property, a perfect blend of location, character, lifestyle, and value.
Location
Burbank, Los Angeles County, CA 91506
Open on Google Maps ↗Listed by: Craig Strong · Compass
Payment estimate
$7,246
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $100,000 · Loan: $899,999
- Principal & Interest
- $5,530
- Property tax (1.25%)
- $1,042
- Homeowners insurance
- $300
- Mortgage insurance
- $375
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Burbank home with as little as 3.5% down using an FHA loan — roughly $35,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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