Real Estate Investing in Burbank, California (91502)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 91502 (Burbank, CA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 25.1 — hard to cash-flow at these prices.
What’s happening in Burbank, CA (91502)?
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Market Analysis: 91502 Burbank
Investors eyeing 91502 need to respect the fundamentals at play. Home values of $804K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $804K asset, 91502 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Burbank have seen price recovery that 91502 has not matched. Los Angeles County data supports the view that the spread is structural rather than temporary.
The 91502 ZIP's population of 11,732 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
New investors are better served looking at Burbank's stable or hybrid ZIPs before stepping into 91502. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Burbank:
Property Strategy for 91502
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $576,403 | $2,190 | 2.7% | +2.3% | $576,403 |
| 2BR | $757,960 | $2,730 | 2.6% | +4.8% | $378,980 |
| 3BR | $1,027,185 | $3,460 | 2.4% | +5.4% | $342,395 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 91502 Compare?
| Metric | 91502 | Burbank | Los Angeles-Long Beach-Anaheim, CA | California |
|---|---|---|---|---|
| Home Value | $804,148 | $1,121,661 | N/A | $761,003 |
| 5-Year CAGR | 3.1% | 3.6% | N/A | 5.7% |
| Avg Rent | $2,667 | $2,800 | N/A | - |
| Cap Rate | 2.6% | 2.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 91502 (Burbank, CA). Anonymous, moderated, never written by AI.
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Property managers serving Los Angeles County
Manage rentals here? List your business →A Better Property Management Company Inc. provides property management services in Long Beach, Seal Beach, and Southern California. summary from their website
ACF Property Management leases shopping center spaces nationwide, managing over 37 shopping centers in 11 states from California to Florida. summary from their website
summary from their website summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $804,148 |
| Monthly Rent | $2,667 |
| Price-to-Rent | 25.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | -0.7% ▼ |
| 3-Year CAGR | +2.2% ▲ |
| 5-Year CAGR | +3.1% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 Rent Trends
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 91502
Population: 11,732
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 91502
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Bret Harte Elementary
George Washington Elementary
Benjamin Franklin Elementary
Monterey High (Continuation)
Thomas Jefferson Elementary
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the average monthly rent in Burbank, CA?
Rent in Burbank, CA is around $2,667/mo. The resulting rent-to-value relationship with $804K pricing is reasonable for most investor models.
What is the typical home price in Burbank, CA?
In Burbank, CA the median home value sits at $804K. Against the broader CA market, that reads as reasonable for most investors.
What type of investing works in Burbank, CA?
A careful cash-flow rentals with hands-on management strategy Burbank, CA best. The market produces predictable results for that approach at the $804K price point.
Do landlords face vacancy issues in Burbank, CA?
Expect elevated vacancy in Burbank, CA. Rents at $2,667/mo are absorbed by the tenant base without meaningful lag.
Can I live-in-and-rent in Burbank, CA?
House hacking in Burbank, CA is a challenging. With home values around $804K and rents at $2,667/mo, owner-occupants can offset a meaningful share of PITI.
You know 91502 now. You don’t know where it ranks.
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How 91502 ranks in Los Angeles-Long Beach-Anaheim, CA
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