The renter base that comes with Warner Bros. and Disney is exactly why Burbank buildings sell at a premium most of Los Angeles can’t match. Rents near $2,860, rising 2%+ while the county goes flat, and a GRM near 14 that reflects what income stability actually costs. Your written valuation is delivered within 48 hours.
Free written valuation + pending rent ordinance status check
of Burbank households rent — studio workforce, post-production, agency staff, and the services that support all of it.
rent growth past year — while much of LA County went flat or softened. The employment base explains the gap.
closer to Westside pricing than central LA. Buyers pay the premium because the income is real and the demand doesn’t swing with the market.
Rents in Burbank average close to $2,860 and have been climbing, up over 2% in the past year while much of the county has gone flat or softened. Warner Bros. and Disney anchor a media workforce that needs to live close to the lot, and NBCUniversal’s presence just over the line in Universal City adds to the same pull. Together they support a renter base with real, stable income.
The building stock reflects the split you’d expect. Toluca Lake and the areas closest to the studios command a real premium for walkability and prestige, while pockets like McNeil and Rancho Adjacent price more on straightforward cash flow. Either way, a Burbank building is rarely a speculative bet. It’s an income bet on an employer base that has been paying rent in this city for the better part of a century.
On October 28, 2025, Burbank City Council voted 3-1 to direct staff to draft an ordinance for a 4% “soft cap” on rent increases, modeled on Glendale’s approach: tenants could accept the increase or receive relocation fees equal to three months’ rent at the new rate. That was a direction to draft, not a final vote. Coverage at the time said a final vote was expected in early 2026, per the Apartment Association of Greater Los Angeles and the California Apartment Association.
Until that ordinance passes, if it passes, rent increases run under California’s statewide AB 1482: 5% plus regional CPI, capped at 10%, currently 8.7% effective August 2026. We track this closely because it changes what a buyer should underwrite for a pre-1995 building and what a seller should expect a buyer to assume.
As of August 2026, Burbank has not enacted a local rent cap. We recommend confirming the current status before relying on this for an active transaction.
Here are transactions Max has closed in and around Burbank with what made each one work.
Sale Price
$2,550,000
Close Price
99% of List (all-cash)
Time to Close
60 Days
⚠ Commercial Sale — Not Multifamily
A freestanding, 4,325 SF owner-user office one mile from downtown Burbank, built in 1969. The buyer was a nonprofit acquiring its own office space, secured through an outside agent, and closed all-cash at 99% of list in 60 days. Included here for track record; this is a commercial sale, not a multifamily transaction.
Toluca Lake and the studio-adjacent corridors price on prestige and walkability. Rancho Adjacent and McNeil price on cash flow. We know which one your building is.
Core / mixed profile
Studio-adjacent premium
Walkable retail corridor
Entertainment employment hub
Cash-flow pricing
Cash-flow pricing
Scenic premium
Hi, I am Max Berger, a multifamily broker at Compass. Pricing a building here without knowing exactly where the rent rules stand is how sellers and buyers both get surprised. Contact me or call (818) 321-4972 for your free written valuation.
Includes rent ordinance status check. Back to you within 48 hours.
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