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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
    : 
    Multi Family
    Built in 1953
    -- sqft lot
    $1,850,000 Zestimate®
    $529/sqft
    $-- HOA

    What's special

    Quiet tree-lined streetThoughtfully designed units
    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!
    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#: BB25088666MLS LogoOriginating MLS: California Regional MLS
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    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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