216 S Glenwood Place

Burbank, CA 91506

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,500 Sqft
  • 8557
    Sqft(Lot)
$1,850,000

Description

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!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49469262

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition
    • Fireplace: None

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1953
    • Building Area Total: 3,500
    • Roof: Composition

    Pool Features

    • None

    Laundry Features

    • Common Area

    Fencing

    • Block,Chain Link,Wood

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1964
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8557

  • Listing Price Information

    • Original List Price: 1,850,000
    • Listing Contract Date: 2025-04-22

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 2446028013

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 610 - Burbank
    • Postal Code Plus 4: 2230
    • Directions: On Glenwood located between Olive & Verdugo
    • Zoning: BUR3*
    • Source Property Type: Residential Income
    • Area: 610 - Burbank
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 72
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Street Level
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/27/2025 @ 01:18

  • MLS: BB25088666
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 3,500 sqft, 8,557 sized lot, and 6 parking. are nearby neighborhoods.