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!
For sale
Listing Provided by:
Susan Featherly DRE #01445745 818-823-7443,
Better Homes and Gardens Real Estate Town Center,
George Micalchuck DRE #01241899,
Better Homes and Gardens Real Estate Town Center
$1,850,000
216 S Glenwood Pl, Burbank, CA 91506
7beds
6baths
3,500sqft
Est.:
Multi Family
Built in 1953
-- sqft lot
$1,850,000 Zestimate®
$529/sqft
$-- HOA
What's special
Quiet tree-lined streetThoughtfully designed units
- 39 days
- on Zillow |
- 176 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: May 29, 2025 at 04:48pm
Listing Provided by:
Susan Featherly DRE #01445745 818-823-7443,
Better Homes and Gardens Real Estate Town Center,
George Micalchuck DRE #01241899,
Better Homes and Gardens Real Estate Town Center
Source: CRMLS,MLS#: BB25088666
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,500
- Total interior livable area: 3,500 sqft
Property
Parking
- Total spaces: 11
- Parking features: Garage
- Garage spaces: 6
- Uncovered spaces: 5
Features
- Levels: Two
- Stories: 2
- Entry location: Street Level
- Pool features: None
- Fencing: Block,Chain Link,Wood
Lot
- Size: 8,557 Square Feet
- Features: Front Yard
Details
- Parcel number: 2446028013
- Zoning: BUR3*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
Location
- Region: Burbank
Financial & listing details
- Price per square foot: $529/sqft
- Date on market: 4/22/2025
- Listing terms: Cash,Cash to New Loan,1031 Exchange
- Tenant pays: Electricity, Gas
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