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$1,850,000
63 Days On Site

216 S Glenwood Place
Burbank, CA 91506

For Sale|Apartment|Active
0
Beds
0
Total Baths
3,500
SqFt
$529
/SqFt
1953
Built
County:
Los Angeles
Listed by Susan Featherly of Better Homes and Gardens Real Estate Town Center [email protected]
Call Now: +1 (562) 337-3915
Is this the listing for you? We can help make it yours.
+1 (562) 337-3915
216 S Glenwood Place216 S Glenwood Place216 S Glenwood Place216 S Glenwood Place
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Monthly Payment (Est.)

$8,440
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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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Listing Snapshot
Price 
$1,850,000
Days On Site 
63 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,500 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1964 Acres
Year Built 
1953
MLS® Number 
BB25088666
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoStatus changed to Active
4 weeks agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.1964
Garage 
Yes
Garage Spaces 
6
Number Of Stories 
2
Parking Spaces 
11
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3500
Stories 
Two
Water Source 
Public
Zoning 
BUR3*
Interior Features
Cooling 
Wall/Window Unit(s)
Fireplace Features 
None
Laundry Features 
Common Area
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Exterior Features
Fencing 
BlockChain LinkWood
Lot Features 
Front Yard
Pool Features 
None
Roof 
Composition
Community Features
Building Access 
Street Level
Community Features 
CurbsStreet LightsSidewalks
Financing Terms Available 
Cash1031 Exchange
MLS Area 
610 - Burbank


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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