216 S Glenwood Place Burbank, CA 91506
Listing Courtesy of: CRMLS / Better Homes And Gardens Real Estate Town Center / Susan Featherly / Better Homes and Gardens Real Estate Town Center / George Micalchuck - Contact:  818-823-7443

  216 S Glenwood Place Burbank, CA 91506

Active (3 Days)
$1,850,000

Description

Prime Investment Opportunity in Burbank! Welcome to 216 South Glenwood Place, a well-maintained 6-unit multifamily property located in a highly desirable Burbank neighborhood. Situated on a quiet, tree-lined street just minutes from studios, Magnolia Park, and top-rated schools, this rare offering presents an ideal opportunity for investors seeking strong rental income in a stable, high-demand market. The property consists of six thoughtfully designed units—(5) one-bedroom/one-bath and (1) two-bedroom/one-bath apartments, complete both garage parking and outdoor parking spaces. Total building square footage of 3500 is situated on an 8562 lot. Tenants enjoy shared amenities including on-site laundry facilities, a spacious courtyard with mature landscaping. The property also offers separate gas and electric meters, providing ease of management and cost efficiency for the owner. With long-term upside potential, steady occupancy history, and located in a non-rent controlled city, this is a turnkey addition to any investor’s portfolio. Zoned R-3 and located in one of the most sought-after rental markets in Los Angeles County, 216 South Glenwood Place combines immediate income with long-term growth potential. Don’t miss this rare chance to own a premier multifamily asset in the heart of Burbank!

MLS #:
BB25088666
Lot Size
8,557 SQFT
Type
Multifamily
Year Built
1953
County
Los Angeles County

Listed By

Susan Featherly, DRE #01445745, Better Homes And Gardens Real Estate Town Center, Contact: 818-823-7443
George Micalchuck, Better Homes and Gardens Real Estate Town Center
Source
CRMLS
Last checked Apr 25 2025 at 9:57 AM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Common Area
Lot Information
  • Front Yard
Heating and Cooling
  • Wall/Window Unit(s)
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Stories
  • 2
Additional Information: Town Center | 818-823-7443
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.