CA > Burbank
Burbank, CA 91506,216 S Glenwood Place
Burbank, CA 91506,216 S Glenwood Place
Burbank, CA 91506,216 S Glenwood Place
17
See all 17 photos
$1,850,000
Est. payment /mo
Save
5 Beds
4 Baths
8,557 Sqft Lot
New

216 S Glenwood Place Burbank, CA 91506

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
1
May
Fri
2
May
Sat
3
May
Martha Barragan

Martha Barragan

+1(619) 500-4046

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25088666

Bedrooms 5

HOA Y/N No

Lot Size 8,557 Sqft

Property Sub-Type Res Income 2-4 Units

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 investors 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. Dont miss this rare chance to own a premier multifamily asset in the heart of Burbank!
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 investors 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. Dont miss this rare chance to own a premier multifamily asset in the heart of Burbank!

Location

State CA

County Los Angeles

Area Burbank (91506)

Zoning Assessor

Interior

Cooling Wall/Window

Exterior

Roof Type Composition

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Monthly Total Fees $74

Acceptable Financing Cash, Exchange

Space Rent $2,350

Listing Terms Cash, Exchange

San Diego Regional MLS (SDMLS)
Listed by Susan Featherly • Better Homes and Gardens Real Estate Town Center

GET MORE INFORMATION

agent

Martha Barragan

Agent | License ID: DRE 01358280

+1(619) 500-4046

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Martha Barragan, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

216 S Glenwood Place

QUICK SEARCH
There are 24 quick searches