216 S Glenwood Place, Burbank, CA 91506
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
216 S Glenwood Place,Burbank, CA 91506
$1,850,000
- - Beds
- - Baths
- 3,500 sq. ft.
- Multi-family
- Active
Listed by:susan featherly
Office:better homes and gardens real estate town center
MLS#:BB25088666
Source:CRMLS
Price summary
- Price:$1,850,000
- Price per sq. ft.:$528.57
About this home
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!
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Home facts
- Year built:1953
- Listing ID #:BB25088666
- Added:164 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Living area:3,500 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
Structure and exterior
- Roof:Composition
- Year built:1953
- Building area:3,500 sq. ft.
- Lot area:0.2 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,850,000
- Price per sq. ft.:$528.57
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