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 hea
MLS #
CRBB25088666
MLS Source
California Regional MLS
Days on Site
87
Laundry
Community Facility
Cooling
Window/Wall Unit
Roof
Composition
Garage/Parking
Garage: 6 Car(s)
Listing Agent
Susan Featherly
Better Homes and Gardens Real Estate Town Center
License #: 01445745
Phone: (818) 848-2888
Co-Listing Agent
George Micalchuck
License #: 01241899
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
216 S Glenwood Pl is a Residential Income in Burbank, CA 91506. This – square foot property sits on a 8,557 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,850,000 and was built in 1953.
This address can also be written as 216 S Glenwood Pl, Burbank, CA 91506.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 29, 2025. For the most current information, please contact Susan Featherly, (818) 848-2888