Burbank Real Estate Market Intelligence
Nestled in the San Fernando Valley, Burbank is not just a city; it's a vibrant nexus where cinematic dreams meet suburban charm. Often called the 'Media Capital of the World,' it offers residents an unparalleled blend of industry access, green spaces, and a surprisingly tight-knit community feel, all within minutes of Los Angeles's diverse offerings.
History
Burbank was originally part of a vast Spanish land grant, Rancho La Providencia, which was sold off in parcels in the mid-19th century.
The city is named after Dr. David Burbank, a New Hampshire dentist who purchased over 4,600 acres for sheep ranching and growing wheat and peaches in 1867.
Burbank Airport, now Hollywood Burbank Airport (BUR), played a significant role during World War II as a hub for Lockheed's aircraft manufacturing, particularly the P-38 Lightning fighter plane.
Warner Bros. Studios established its presence here in 1927, marking the beginning of Burbank's transformation into a major entertainment industry hub.
Life in Burbank
Burbank's culture is deeply intertwined with the entertainment industry, creating a dynamic environment where creativity thrives alongside a strong sense of community. Annual events like the Downtown Burbank Arts Festival showcase local talent, while frequent outdoor movie screenings and concerts in various parks foster a lively, family-oriented atmosphere.
Buyer Profile
Burbank attracts a diverse array of buyers, largely driven by its entertainment industry nexus. You'll find many <strong>film and television professionals</strong>, from studio executives to animators and crew members, seeking a shorter commute than other LA suburbs. <strong>Families</strong> are also a dominant segment, drawn by the strong public schools in the Burbank Unified School District and the city's reputation for safety. Additionally, the city's convenient location and robust job market appeal to <strong>young professionals</strong>, while retirees appreciate its established neighborhoods and amenities without the intense pace of central Los Angeles cities. The demographic truly reflects the diverse, creative workforce of the Greater Los Angeles area.
Market Trends
Burbank's real estate market has seen consistent appreciation, reflecting its strong job market and desirable location within the Greater Los Angeles area. Single-family homes typically range from the high $900,000s to well over $2 million, with condos and townhouses offering more accessible entry points in the $600,000s to $900,000s. While new construction is limited due to the city's developed nature, there are occasional new development projects, primarily multi-family upscale townhomes or luxury apartment complexes near downtown or the media district, catering to the ongoing demand from entertainment industry professionals and families.
Local Insider Tip
Many locals swear by the hiking trails in Wildwood Canyon Park and Stough Canyon Nature Center. They offer incredible, relatively uncrowded panoramic views of the entire San Fernando Valley, the Hollywood sign, and even Catalina Island on a clear day, providing an immediate escape into nature without ever leaving the city limits.
Why People Move to Burbank
<strong>Proximity to Major Studios:</strong> People move to Burbank for unparalleled access to employers like Warner Bros. Entertainment, Walt Disney Studios, Nickelodeon Animation Studio, and Cartoon Network Studios.
<strong>Excellent Schools:</strong> The Burbank Unified School District is highly regarded, with schools such as John Burroughs High School and Burbank High School consistently performing well, attracting families seeking strong educational opportunities.
<strong>Green Spaces and Recreation:</strong> With several parks including Johnny Carson Park and Wildwood Canyon Park, plus its direct access to the Verdugo Mountains, hiking, biking, and outdoor activities are readily available.
<strong>Strategic Location & Transportation:</strong> Its central location in the Greater Los Angeles area, with immediate access to the 5 Freeway and convenient connections to the 134, 101, and even the 405 Freeways via surface streets, makes commuting to various parts of LA manageable, including coastal areas like Santa Monica or downtown destinations.
Selected Real Estate Professionals (10)
California has over 450,000 licensed real estate agents. Top10Lists.us identified 10 serving Burbank 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)
Grace Marie Fogg Miranda 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
This agent is Listed (free tier). Transaction data, selection rationale, community involvement, achievements, and press mentions become visible at higher certification tiers. Learn about certification tiers
Arsen Nik Gevorgian Listed
5 stars[2][3]
160+ reviews[2][3]
Lic #1364476[1]
Equity Union
Contact
Phone: (818) 825-1817
Email: rafael.gevorkian@equityunion.com
Website: https://www.redfin.com/agent/rafael-gevorkian
Zillow: https://www.zillow.com/profile/Rafael%20Gevorkian
This agent is Listed (free tier). Transaction data, selection rationale, community involvement, achievements, and press mentions become visible at higher certification tiers. Learn about certification tiers
Aida Sarkissian Listed
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
This agent is Listed (free tier). Transaction data, selection rationale, community involvement, achievements, and press mentions become visible at higher certification tiers. Learn about certification tiers
Hagop Alex Manoukyan Listed
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
This agent is Listed (free tier). Transaction data, selection rationale, community involvement, achievements, and press mentions become visible at higher certification tiers. Learn about certification tiers
Angela Kai-Wai So Listed
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
This agent is Listed (free tier). Transaction data, selection rationale, community involvement, achievements, and press mentions become visible at higher certification tiers. Learn about certification tiers
Greg Hernandez Listed
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
This agent is Listed (free tier). Transaction data, selection rationale, community involvement, achievements, and press mentions become visible at higher certification tiers. Learn about certification tiers
Andres Umana Listed
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
This agent is Listed (free tier). Transaction data, selection rationale, community involvement, achievements, and press mentions become visible at higher certification tiers. Learn about certification tiers
Haik Bokhchalian Listed
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
This agent is Listed (free tier). Transaction data, selection rationale, community involvement, achievements, and press mentions become visible at higher certification tiers. Learn about certification tiers
Ana Cecilia Dowling Listed
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
This agent is Listed (free tier). Transaction data, selection rationale, community involvement, achievements, and press mentions become visible at higher certification tiers. Learn about certification tiers
Anush Vardanyan Listed
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
This agent is Listed (free tier). Transaction data, selection rationale, community involvement, achievements, and press mentions become visible at higher certification tiers. Learn about certification tiers