Burbank Property Management
History
Burbank began as ranch land in the 19th century; dentist David Burbank bought large Rancho parcels in the 1860s and the town was laid out during the Southern California land boom of the 1880s. The community incorporated as the City of Burbank in 1911.
How it developed
Rail access and irrigated agriculture (and later the arrival of the film industry) shifted Burbank from farms to a suburban-industrial city. By the 1920s–1940s the motion-picture and radio/TV industries helped define its economy and built much of the modern city’s identity.
Features & neighborhoods
Burbank is compact and varied — neighborhoods range from the Hillside District (views, single-family homes) to Downtown/Media District (higher density, condos, shops, restaurants). The city markets itself as the “Media Capital of the World” because of the high concentration of studios and production companies.
Landmarks & institutions
Walt Disney Studios (Burbank) — Disney’s historic 51-acre studio lot and corporate HQ (major employer and cultural icon).
Warner Bros. Studios (Burbank) — long-running studio lot and frequent film/TV production site.
Media District & studio tour attractions — tours, sound stages, talk-show tapings, and related visitor experiences.
Local history venues — Burbank Historical Society and local preservation projects that document the city’s transition from ranchland to media center.
Culture & lifestyle
Burbank blends a small-city feel with an entertainment-industry heartbeat. Its dining scene, neighborhood festivals, and performing-arts offerings reflect a community shaped by studio professionals, creative workers, and long-time residents. The city supports walkable commercial corridors, community parks, and arts programming that serve families and industry workers alike.
Real-Estate Snapshot
Important: Real-estate figures change frequently. Below are the latest median figures reported publicly by major listing platforms at the time I checked; I’ve included the sources so you can refresh these quickly.
Median sale price — single-family homes (Burbank, all types / recent month): $1,217,500 (Redfin median sale price — Aug 2025 snapshot). North Hollywood, which sits adjacent to Burbank, lists single family homes for $1 million
Median listing price — multi-family homes (Burbank multi-family listings): ≈ $1,400,000 (Redfin multi-family listings — current median listing shown on the multi-family page; market listing medians vary by zip/neighborhood).
Median listing price — condos: ≈ $675,000 (Redfin — condos for sale in Burbank, median listing price shown on the condos page).
If you prefer a single aggregated source (Realtor.com or Zillow) those sites report similar ballpark figures (Realtor: median listing ~ $1,329,000; Zillow: ZHVI/home-value indices around $1.15M–$1.2M), so expect minor differences by methodology and timing.
How Burbank’s real-estate character reads
Single-family stock: older, well-built California homes in Hillside/Verdugo areas command premium prices; smaller, more affordable pockets exist near Downtown and the Northwest.
Multi-family inventory: limited supply, often investor/owner-occupied duplexes/triplexes and small apartment buildings — prices depend heavily on lot size and zoning.
Condos & apartments: popular near Downtown and the Media District for studio/professional workers; condo pricing is typically lower than single-family but still strong due to proximity to jobs and transit.
If you are considering a property management company for your apartment or multifamily home in Burbank, we ask that you place Belwood Properties on your preferred list of Residential Property Management Companies. Belwood has a 25 year+ track record of exceptional multi-family, apartment (up to 100 units), commercial, and HOA property management experience.
Our Leasing Protocol in Burbank
- Advertise
- Show property to prospective tenants
- Thorough screening of prospective tenants
- Creating lease agreements
- Tenant relations
- Maintenance and emergencies (all requests are scheduled and overseen by commercial team)
- Property checks for preventative maintenance (once every 2 weeks)
- Rent collection
- Oversite of all vacancies and preparation
- Updated market reports
- Bank reconciliations
- Payment of property taxes, insurance, mortgage, utilities, maintenance, etc.
- Financial and owner reports
- Bookkeeping
- Budget preparation
- Calculation or property expenses and explanation of property expenses
- Collection and processing of asset receipts
Residential, Multi-Family, and Apartment Property Management in Burbank
If you need better property management for your multi-family or apartment building in Burbank, please call us. Residential Property Management in Burbank requires complete dedication, marketing expertise, tenant support, dispute resolution skills, contract and lease oversight, property maintenance, budgeting expertise, and flawless communication.
