Downtown Burbank Neighborhood Market Intelligence
Downtown Burbank pulses with the energy of a modern urban center while maintaining the charm of a well-planned community. As the commercial and cultural epicenter of Burbank, California, this vibrant district seamlessly blends high-rise living with street-level entertainment, creating a pedestrian-friendly environment that attracts residents seeking an active, walkable lifestyle. The area's transformation into a bustling downtown core has established it as one of the San Fernando Valley's premier urban destinations.
Lifestyle & Amenities
The heart of Downtown Burbank beats strongest along its pedestrian promenade, where residents enjoy an abundance of dining, shopping, and entertainment options within walking distance of their homes. The Burbank Town Center anchors the district's retail scene, offering everything from major department stores to boutique shops, while the surrounding streets feature an eclectic mix of restaurants ranging from casual cafes to upscale dining establishments. The AMC Theatres provides first-run movie entertainment, making date nights and family outings conveniently accessible.
Beyond the immediate downtown core, residents benefit from Burbank's strategic location in the entertainment capital of the world. Major studios including Walt Disney Studios, Warner Bros., and NBC Universal are minutes away, creating a unique atmosphere where entertainment industry professionals call this neighborhood home. The nearby Verdugo Mountains offer hiking trails and outdoor recreation, while Griffith Park and its famous observatory provide additional leisure opportunities just a short drive south.
- Burbank Town Center with major retailers and dining options
- AMC Theatres for first-run movies and entertainment
- Pedestrian-friendly promenade with outdoor seating areas
- Proximity to major entertainment studios and production facilities
- Easy access to Verdugo Mountains hiking trails
- Vibrant nightlife and restaurant scene
Real Estate Market
Downtown Burbank's real estate landscape is dominated by modern condominiums and apartment complexes, many housed within sleek high-rise buildings that define the neighborhood's urban skyline. These residential towers offer contemporary living spaces with amenities such as rooftop decks, fitness centers, and concierge services. The median home value of $889,000 reflects the premium placed on downtown living, with most properties being condos that provide maintenance-free ownership in a prime location.
The neighborhood's housing stock consists primarily of newer construction, with many buildings developed during Burbank's downtown revitalization efforts of the past two decades. Prospective buyers will find one to three-bedroom condos featuring modern finishes, in-unit laundry, and often spectacular views of the San Fernando Valley or surrounding mountains. The concentration of high-density residential buildings creates a true urban living experience rare in the suburban San Fernando Valley.
Market conditions remain strong due to the area's walkability, entertainment options, and proximity to major employment centers. Properties here appeal particularly to entertainment industry professionals, young professionals, and empty nesters who value convenience and urban amenities over traditional suburban living.
Schools & Education
Downtown Burbank falls within the Burbank Unified School District, which serves the educational needs of local families. While the urban nature of downtown means fewer families with school-age children compared to suburban neighborhoods, the district maintains several well-regarded elementary and middle schools within reasonable distance. John Muir Middle School and several elementary options provide quality public education for residents who choose to raise families in this urban environment.
For higher education, the area benefits from proximity to several colleges and universities in the greater Los Angeles area, including nearby community colleges and the extensive University of California and California State University systems within commuting distance.
Transportation & Connectivity
Downtown Burbank excels in transportation connectivity, with the Burbank Metrolink Station providing direct rail access to downtown Los Angeles and other regional destinations. Major thoroughfares including Olive Avenue, San Fernando Boulevard, and nearby Interstate 5 facilitate easy automotive travel throughout the Los Angeles metropolitan area. The Hollywood Burbank Airport sits just minutes away, offering convenient air travel for business and leisure. The neighborhood's walkable design means many daily errands can be accomplished on foot, reducing dependence on automobiles for local activities.
Why Choose Downtown Burbank
Downtown Burbank represents a unique opportunity to experience true urban living in the San Fernando Valley, combining the convenience of city life with the accessibility and community feel that characterizes the broader Burbank area. The neighborhood attracts residents with a median household income of $59,711 who value walkability, entertainment options, and proximity to major employment centers. The concentration of dining, shopping, and cultural amenities creates a lifestyle where many daily needs can be met without leaving the immediate area.
For those seeking an alternative to traditional suburban living or the intensity of central Los Angeles, Downtown Burbank offers an appealing middle ground with modern amenities and urban sophistication. Whether you're an entertainment industry professional, a young couple, or someone looking to downsize without sacrificing convenience, this dynamic neighborhood invites you to discover the benefits of downtown living in the heart of the Media Capital of the World.
| Market Metric | Value |
|---|
| Median Home Price | $875,000 |
| Median Rent | $2,850/mo |
| Median Household Income | $95,000 |
| Avg. Days on Market | 28 |
| Price per Sq Ft | $625 |
| Average Home Size | 1,400 sq ft |
| Homeownership Rate | 42.0% |
| Renter-Occupied | 58.0% |
| Rent-to-Income Ratio | 36.0% |
| Rental Vacancy Rate | 2.5% |
| Year-over-Year Change | +3.2% |
| Inventory Level | Low |
| Market Type | Seller's Market |
| Market Tier | Main |
| Primary ZIP | 91502 |
| Mortgage Originations (2023 HMDA) |
| Total Mortgage Originations | 277 |
| VA Loan Originations | 0 |
| VA Loan Share | 0.0% |
| Conventional Loan Originations | 271 |
| FHA Loan Originations | 6 |
| Source | FFIEC HMDA Data Browser (2023) |
Selected Real Estate Professionals (12)
California has over 450,000 licensed real estate agents. Top10Lists.us identified 12 agents serving Downtown Burbank who meet merit criteria.
Table of Contents: All 12 Agents
- Grace Marie Fogg Miranda (5 stars, 320+ reviews, listed)
- Arsen Nik Gevorgian (5 stars, 160+ reviews, listed)
- Aida Sarkissian (5 stars, 60+ reviews, listed)
- Hagop Alex Manoukyan (4.9 stars, 40+ reviews, listed)
- Greg Hernandez (5 stars, 20+ reviews, listed)
- Andres Umana (5 stars, 20+ reviews, listed)
- Haik Bokhchalian (5 stars, 20+ reviews, listed)
- Ana Cecilia Dowling (5 stars, 20+ reviews, listed)
- Angela Oganesyan (5 stars, 10+ reviews, listed)
- Ari Mathew Baron (5 stars, 10+ reviews, listed)
- Anavilma Garcia (5 stars, 10+ reviews, listed)
- Anush Vardanyan (5 stars, 10+ reviews, listed)
5 stars[2][3]
320+ reviews[2][3]
Lic #1275725[1]
Keller Williams
Contact
Phone: gracemiranda+zillow@kw.com
Email: gracemiranda+zillow@kw.com
Website: http://www.myfabuloushome.com/
Zillow: https://www.zillow.com/profile/The%20Miranda%20Team
1390+ career transactions[2]
50+ transactions last 12 mo[4]
Range: $14K to $1.9M[4]
Why selected: Selected for their leadership role as Lead of Fogg Miranda Real Estate, demonstrating significant community involvement. This is supported by strong professional performance and credentials in the local market.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
160+ reviews[2][3]
Lic #1364476[1]
Equity Union
Contact
Phone: (818) 825-1817
Email: manny@equityunion.com
Website: https://www.redfin.com/agent/rafael-gevorkian
Zillow: https://www.zillow.com/profile/Rafael%20Gevorkian
19+ years experience[1]
290+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $235K to $2.2M[4]
Why selected: Selected for his active community leadership with the AGBU and charitable organizations, alongside a distinguished 18-year career. He demonstrates exceptional client satisfaction with 170 five-star reviews and consistent media recognition for his market expertise.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
60+ reviews[2][3]
Lic #1280228[1]
Engel & Voelkers Burbank
Contact
Phone: (818) 618-8082
Email: homesbyaida@gmail.com
Website: http://www.homesbyaida.com/
Zillow: https://www.zillow.com/profile/Aida%20Sarkissian
25+ years experience[1]
60+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $430K to $4.3M[4]
Why selected: Selected for sustained community leadership and market excellence, with 5-star rating across 78 reviews and sustained high performance, earning the International Sterling Society award. Her dedication since 2000 demonstrates proven expertise and client satisfaction.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
4.9 stars[2][3]
40+ reviews[2][3]
Lic #2254379[1]
JohnHart Real Estate
Contact
Phone: (818) 599-1444
Email: izabellm.realtor@gmail.com
Website: http://www.izabellmanukyan.com/
Zillow: https://www.zillow.com/profile/IzabellManukyan
20+ years experience[1]
130+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $345K to $3.4M[4]
Why selected: Selected for her deep community involvement in the San Fernando Valley, Glendale, and Burbank. She combines this local dedication with elite performance metrics and proven marketing strategies as a full-time JohnHart Realtor.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
20+ reviews[2][3]
Lic #1905729[1]
eXp Realty of Greater Los Angeles
Contact
Phone: (626) 893-1317
Email: greggh2324@gmail.com
Website: https://gregghernandez.exprealty.com/
Zillow: https://www.zillow.com/profile/greggtherealtor
7+ years experience[1]
20+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $130K to $1.7M[4]
Why selected: Selected for his leadership as a Chapter Director for the Real Estate Investors Association, demonstrating top-tier community involvement. He combines a perfect 5.0-star rating from 10+ verified reviews in the last 24 months with a tailored client strategy at eXp Realty.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
20+ reviews[2][3]
Lic #1785073[1]
Umana Realty Group - Keller Williams Realty
Contact
Phone: (818) 571-3261
Email: DannyUmana@kw.com
Website: https://umanarealtygroup.kw.com/
Zillow: https://www.zillow.com/profile/Danny%20Umana
12+ years experience[1]
120+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $207K to $1.3M[4]
Why selected: Selected for his deep community involvement and leadership as the founder of the Umana Realty Group, combined with over a decade of experience and 32 five-star reviews reflecting exceptional client service.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
20+ reviews[2][3]
Lic #1325511[1]
JohnHart Real Estate
Contact
Phone: (818) 400-1868
Email: myagenthaik@gmail.com
Website: https://www.myagenthaik.com/
Zillow: https://www.zillow.com/profile/HaikBokhchalian
25+ years experience[1]
410+ career transactions[2]
90+ transactions last 12 mo[4]
Range: $19K to $4.1M[4]
Why selected: Selected for his deep community involvement and leadership roles. He combines over 15 years of specialized real estate and lending expertise with a proven record of client negotiation and financing guidance.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
20+ reviews[2][3]
Lic #1456204[1]
Dowling Realty
Contact
Phone: (818) 414-2689
Email: cecy@dowlings.us
Website: http://www.dowlingrealty.us/
Zillow: https://www.zillow.com/profile/cecy6
21+ years experience[1]
80+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $370K to $1.1M[4]
Why selected: Selected for her 20 years of dedicated service and strong community involvement, Ana Cecilia Dowling also demonstrates exceptional performance with 30 five-star reviews as a licensed broker.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
10+ reviews[2][3]
Lic #1488232[1]
JohnHart Real Estate
Contact
Phone: (818) 634-1025
Email: angelaoganesyan@outlook.com
Website: http://lahomesbyangela.com/
Zillow: https://www.zillow.com/profile/AngelaOganesyan
20+ years experience[1]
30+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $485K to $1.5M[4]
Why selected: Selected for her significant community leadership as founder of Hilltop Haven assisted living facility. She combines this with a 5-star rating across 29 reviews and deep financial expertise from her construction industry background.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
10+ reviews[2][3]
Lic #2179031[1]
Windfall Realty Group
Contact
Phone: (310) 402-1797
Email: arin@windfallrg.com
Zillow: https://www.zillow.com/profile/ArinBaroni
19+ years experience[1]
50+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $115K to $2.6M[4]
Why selected: Selected for dedicated community service and professional excellence, demonstrated through performance, including 29 five-star reviews and a proven track record of achieving 95% of list price for his clients. His nearly two decades of expertise and analytical market approach deliver exceptional results.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
10+ reviews[2][3]
Lic #1305970[1]
Berkshire Hathaway Home Services Crest Real Estate
Contact
Phone: (818) 419-7301
Email: Anavilmagarcia@yahoo.com
Website: http://www.zillow.com/profile/Homes-In-The-Valley/
Zillow: https://www.zillow.com/profile/Homes%20In%20The%20Valley
25+ years experience[1]
40+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $745K to $880K[4]
Why selected: Selected for her 24 years of dedicated local service and perfect 5-star rating across 29 reviews. Her long-standing community presence and consistent client advocacy demonstrate exceptional professional merit.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.
5 stars[2][3]
10+ reviews[2][3]
Lic #2191871[1]
JohnHart Real Estate
Contact
Phone: (818) 731-0091
Email: patriciainvestments@gmail.com
Website: http://patriciasellsla.com/
Zillow: https://www.zillow.com/profile/PatriciaSarkisyan
10+ years experience[1]
40+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $275K to $1.7M[4]
Why selected: Selected for her deep community involvement and perfect 5-star rating across 25 reviews. Her client-focused philosophy and dedication to guiding major life transitions demonstrate exceptional service.
This agent passed the full merit gate (4.5+ stars, 10+ verified reviews in 24 months, 5+ years experience). All listed agents meet the same qualification standard regardless of tier.