- 7 Beds
- 6 Baths
- .2 Acres
- 130 DOM
216 Glenwood Place
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!
Essential Information
- MLS® #BB25088666
- Price$1,850,000
- Bedrooms7
- Bathrooms6.00
- Acres0.20
- Year Built1953
- TypeResidential Income
- Sub-TypeApartment
- StatusActive
Community Information
- Address216 Glenwood Place
- Area610 - Burbank
- CityBurbank
- CountyLos Angeles
- Zip Code91506
Amenities
- Parking Spaces11
- # of Garages6
- PoolNone
Interior
- CoolingWall/Window Unit(s)
- FireplacesNone
- # of Stories2
- StoriesTwo
Exterior
- Lot DescriptionFront Yard
- RoofComposition
Additional Information
- Date ListedApril 22nd, 2025
- Days on Market130
- ZoningBUR3*
Listing Details
- AgentSusan Featherly
Office
Better Homes and Gardens Real Estate Town Center
Price Change History for 216 Glenwood Place, Burbank, (MLS® #BB25088666)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active Under Contract to Active | – | |
| Status Changed from Active to Active Under Contract | – |
Susan Featherly, Better Homes and Gardens Real Estate Town Center.
Based on information from California Regional Multiple Listing Service, Inc. as of August 30th, 2025 at 5:25am PDT. 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. 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, 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.