Homes for sale - 216 S Glenwood PL, Burbank, CA 91506

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JLee Broker

JLeeRealty

[email protected] +1(650) 857-1000

Listed by Susan Featherly • Better Homes and Gardens Real Estate Town Center

$1,850,000

Est. payment - /mo

8,557 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRBB25088666

Year Built 1953

Lot Size 8,557 Sqft

Source California Regional MLS

Property 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 hea

Location

State CA

County Los Angeles

Area 610 - Burbank

Interior

Cooling Window / Wall Unit

Laundry Laundry Area, Community Facility

Exterior

Garage Spaces 11.0

Pool None

Roof Type Composition

Building

Water District - Public

Others

Tax ID 2446028013

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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216 S Glenwood PL Burbank, CA 91506

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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