#P1-21271, Amy Weber, Listing Office: COMPASS

216 S Glenwood Pl Burbank, CA 91506
Property details
About 216 S Glenwood Pl
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!
Highlights
(Active Under Contract)
Summary
- Fireplace: None
- Garage Space: 6 spaces
- Private Pool: No
- Cooling: Wall/Window Unit(s)
- List Price: $1,850,000
- Annual Tax Amount: $8,137
- Tax Year: 2024
- Lot: Front Yard
- Directions: On Glenwood located between Olive & Verdugo
- Year Built: 1953
- Stories: 2
- Lot Size: 0.1964 Acres
- MLS Number: BB25088666
- MLS Name: CRMLS
- Office Name: Better Homes and Gardens Real Estate Town Center
- Office Phone: (818) 823-7443
- Listing Agent: Susan Featherly
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2025, 12:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,850,000
216 S Glenwood Pl
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 06, 2002 | Home Sold | $465,000 |
Jan 26, 1990 | Home Sold | $450,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $660,246 | $8,137 |
2023 | $647,301 | $8,058 |
2022 | $634,610 | $7,720 |
2021 | $622,168 | $7,676 |
2020 | $615,790 | $7,390 |
2019 | $603,717 | $7,198 |
2018 | $591,880 | $7,014 |
2017 | $580,276 | $7,014 |
History based on county public records data.
Nearby schools
7
Walt Disney Elementary School
Public District KG-5
0.3 mi
•1220 W Orange Grove Ave
6
William McKinley Elementary School
Public District KG-5
0.4 mi
•349 W Valencia Ave
6
Thomas Edison Elementary
Public District KG-5
1.1 mi
•2110 Chestnut St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,425. Residents of Burbank, CA typically earn less than $<35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 216 S Glenwood Pl
The listing price of 216 S Glenwood Pl property is $1,850,000.
The property 216 S Glenwood Pl is a condo located in Burbank, California, 91506.
Accepting Backup Offers: 216 S Glenwood Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 216 S Glenwood Pl are: Walt Disney Elementary School (GreatSchools Rating 7/10), William McKinley Elementary School (GreatSchools Rating 6/10), Thomas Edison Elementary (GreatSchools Rating 6/10), David Starr Jordan Middle School (GreatSchools Rating 5/10), John Muir Middle School (GreatSchools Rating 7/10), Luther Burbank Middle School (GreatSchools Rating 7/10), John Burroughs High School (GreatSchools Rating 8/10), Burbank High School (GreatSchools Rating 9/10), Monterey High (Continuation) (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $8,137 (source: MLS/based on county public records data).
The last sale was on November 6, 2002 for $465,000 (source: MLS/tax record).
The property at 216 S Glenwood Pl has 0 bathroom.
The year of construction for 216 S Glenwood Pl is 1953.
This home is located at 216 S Glenwood Pl in Burbank, CA and zip code 91506 in the Rancho Adjacent neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $1,850,000.
While more than 14 listings in Burbank, CA in April 2025 were sold above asking price, there were more than 7 listings sold at asking price, and more than 13 were sold below. The number of homes for sale in Burbank, CA decreased by 1.9% between March and April 2025. Listings spent 25 days on the market in April 2025, and had a median list price of $1,150,208 during the same period.