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Media District Neighborhood Market Intelligence
The Media District stands as the entertainment capital of Burbank, where Hollywood magic comes to life behind the gates of legendary studios. This dynamic neighborhood pulses with the energy of an industry that has shaped American culture for nearly a century. Located in the heart of Burbank, the area encompasses the iconic Warner Bros. and Walt Disney Studios, creating a unique urban environment where creativity and commerce intersect daily. The district's tree-lined streets buzz with industry professionals, tourists seeking behind-the-scenes glimpses, and residents who call this entertainment epicenter home.
Lifestyle & Amenities
Living in the Media District means being at the center of entertainment industry activity while enjoying access to thoughtfully planned recreational spaces and dining options. The neighborhood offers a sophisticated urban lifestyle with the Warner Bros. Studio Tour providing residents and visitors alike an insider's look at television and film production. The nearby Burbank Town Center serves as a major retail destination, while the district's proximity to Griffith Park opens up miles of hiking trails and outdoor recreation opportunities just minutes away.
Dining options reflect both the international nature of the entertainment industry and local California cuisine, with everything from studio commissaries to upscale restaurants catering to industry executives. The area benefits from excellent healthcare services anchored by Providence Saint Joseph Medical Center, one of the region's premier medical facilities. Cultural amenities include easy access to Hollywood Bowl concerts and Universal CityWalk entertainment, while the Los Angeles River bike path provides recreational opportunities for cycling enthusiasts.
- Warner Bros. Studio Tour offering behind-the-scenes entertainment experiences
- Walt Disney Studios headquarters and production facilities
- Providence Saint Joseph Medical Center providing comprehensive healthcare
- Burbank Town Center for shopping and dining
- Close proximity to Griffith Park and hiking trails
- Los Angeles River bike path and recreational corridors
Real Estate Market
The Media District's real estate market reflects its premium location within the entertainment industry ecosystem, with a median home value of $927,200 positioning it firmly in the luxury tier. The housing stock presents an interesting mix of property types, from modern condominiums and upscale apartments that appeal to industry professionals seeking walkable access to studios, to well-maintained single-family homes on quiet residential streets. Many properties feature architectural styles ranging from classic California bungalows to contemporary designs that reflect the area's creative spirit.
Market conditions remain robust due to consistent demand from entertainment industry workers who value proximity to major studios and production facilities. Properties often feature unique characteristics that cater to creative professionals, including home offices, media rooms, and flexible spaces suitable for industry networking. The neighborhood's zoning allows for a thoughtful blend of residential and commercial uses, creating live-work opportunities that are particularly attractive to freelancers and independent producers.
Investment appeal remains strong as the area continues to evolve with new development projects and infrastructure improvements. Properties near the studios command premium prices, while residential pockets offer more traditional neighborhood settings while maintaining convenient access to industry facilities. The market attracts both local buyers seeking to minimize commute times and international investors drawn to the prestige of owning property in Hollywood's backyard.
Schools & Education
Educational opportunities in the Media District fall within the Burbank Unified School District, which maintains a strong reputation for academic excellence and innovative programs. The district serves families with several well-regarded elementary, middle, and high schools, including specialized programs that reflect the area's entertainment industry focus. Many schools incorporate media arts and technology curricula that prepare students for potential careers in the creative industries.
Higher education options are abundant throughout the greater Los Angeles area, with several universities offering film, television, and media programs within a reasonable commute. The proximity to industry professionals creates unique mentorship and internship opportunities for students interested in entertainment careers, while traditional academic pathways remain well-supported through the district's comprehensive educational offerings.
Transportation & Connectivity
The Media District benefits from excellent connectivity via major arterial roads including Olive Avenue, Alameda Avenue, and Riverside Drive, providing efficient access to Downtown Los Angeles, Hollywood, and the San Fernando Valley. The nearby Hollywood Burbank Airport offers convenient air travel options, while Metro bus lines and the future regional connector projects enhance public transportation accessibility. The neighborhood's central location makes commuting throughout the Los Angeles metropolitan area manageable, whether traveling to other entertainment industry hubs or business districts across the region.
Why Choose Media District
Choosing the Media District means embracing a lifestyle where professional opportunities and residential comfort converge in one of entertainment's most significant locations. The neighborhood attracts residents with a median household income of $104,361, reflecting the prosperity that comes with proximity to major industry employers and the creative economy they support. Living here provides unparalleled access to career networking, industry events, and the creative energy that drives American entertainment.
Beyond professional advantages, the Media District offers a unique blend of urban sophistication and community charm, where residents can walk to work at world-renowned studios while enjoying tree-lined residential streets and quality amenities. The area represents an exceptional opportunity to be part of entertainment history while building a comfortable, connected lifestyle in one of California's most dynamic neighborhoods. Explore the Media District to discover how this remarkable community could become your gateway to both industry success and residential satisfaction.
| Market Metric | Value |
|---|
| Median Home Price | $1,250,000 |
| Median Rent | $3,200/mo |
| Median Household Income | $115,000 |
| Avg. Days on Market | 28 |
| Price per Sq Ft | $725 |
| Average Home Size | 1,725 sq ft |
| Homeownership Rate | 58.0% |
| Renter-Occupied | 42.0% |
| Rent-to-Income Ratio | 33.0% |
| Rental Vacancy Rate | 2.5% |
| Year-over-Year Change | +4.2% |
| Inventory Level | Low |
| Market Type | Seller's Market |
| Market Tier | Luxury |
| Primary ZIP | 91505 |
| Mortgage Originations (2023 HMDA) |
| Total Mortgage Originations | 776 |
| VA Loan Originations | 5 |
| VA Loan Share | 0.6% |
| Average VA Loan Amount | $1,189,000 |
| Conventional Loan Originations | 730 |
| FHA Loan Originations | 41 |
| Source | FFIEC HMDA Data Browser (2023) |
Selected Real Estate Professionals (10)
California has over 450,000 licensed real estate agents. Top10Lists.us identified 10 agents serving Media District who meet merit criteria.
Table of Contents: All 10 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)
- Angela Kai-Wai So (5 stars, 20+ 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)
- 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 #1975396[1]
JohnHart Real Estate
Contact
Phone: (818) 357-7477
Email: angela@angelasola.com
Website: http://www.angelasola.com/
Zillow: https://www.zillow.com/profile/Angela%20So
10+ years experience[1]
10+ career transactions[2]
0+ transactions last 12 mo[4]
Range: $30K to $842K[4]
Why selected: Selected for her dedicated community service with the LA Food Bank and other local causes, combined with strong performance evidenced by 36 five-star reviews. Her professional credentials, including lead trainer and negotiation expert roles, further demonstrate her 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]
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 #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.