Apartment Acquisitions · Burbank
Sell Your Commercial Property In Burbank, CA
Skyline Capital Investments buys commercial apartment buildings of 5+ units in Burbank and across Los Angeles County — listed or off-market, stabilized or value-add. Get clear feedback on your deal, typically within 48 hours.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Areas We Target: Magnolia Park · Downtown Burbank · Media District · Toluca Lake — Los Angeles County, CA
Why Burbank
Why We Buy Multifamily In Burbank
Burbank, CA sits in Los Angeles County, home to Warner Bros. Discovery and The Walt Disney Company, the city's two largest employers, plus Hollywood Burbank Airport and Providence Saint Joseph Medical Center. Census data puts median gross rent at $2,192 a month and renter households at 56.7% of the city's 42,995 occupied units. For an owner who wants to sell commercial property in Burbank, CA, those figures, plus a documentary transfer tax that stays at the Los Angeles County rate, shape what a 5+ unit apartment building is worth today.
Warner Bros. and Disney
Burbank's two largest employers, ranked first and second among the city's 10 principal employers in its own financial report.Hollywood Burbank Airport
Handled more than 6.5 million passengers in 2024 per the airport's own official passenger statistics.Providence Saint Joseph Medical Center
A hospital campus with about 2,500 employees, per the hospital's own location page.Our Buy Box
What We Buy In Burbank
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Burbank Apartment Market
Figures gathered October 2026 from public market data.
Who Rents in Burbank, CA
Renters outnumber owners in Burbank: 56.7% of the city's 42,995 occupied households rent (ACS 2020-2024, B25003). Units in buildings of five or more apartments make up 40.6% of Burbank's housing stock (B25024), and the median Burbank structure dates to 1959, so most rental supply predates modern codes. An owner who wants to sell commercial property in Burbank, CA is selling into a market where renter demand, not owner-occupancy, drives apartment income.
Rents and Affordability in Burbank
Median gross rent in Burbank is $2,192 a month, 7.7% above the California median of $2,036 (ACS 2020-2024, B25064). Over half of Burbank renters, 56.8%, spend 30% or more of income on rent, and 31.7% spend 50% or more (B25070). HUD's FY2027 fair market rents for the Los Angeles-Long Beach-Glendale area set a two-bedroom at $2,964 and a one-bedroom at $2,402, the benchmark most Burbank apartment pricing follows.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $2,151 |
| One-bedroom | $2,402 |
| Two-bedroom | $2,964 |
| Three-bedroom | $3,760 |
| Four-bedroom | $4,208 |
Property Taxes in Los Angeles County
Proposition 13 sets California's base property tax rate at 1% of assessed value (State Board of Equalization). On a $2,000,000 Burbank sale, that base alone is $20,000 a year, before any voter-approved local debt increment. The county's transfer tax is $1.10 per $1,000, or $2,200 on that sale; Burbank is not among the five LA County cities (Culver City, Los Angeles, Pomona, Redondo Beach, Santa Monica) adding their own city transfer tax (LA County Registrar-Recorder/County Clerk). Owners selling commercial property in Burbank can appeal an assessment to the LA County Assessment Appeals Board by November 30. Investors who sell commercial real estate in Burbank, CA weigh that transfer-tax figure against the cap rate first.
Landlord Rules for Burbank Rentals
Security deposits on most Burbank units are capped at one month's rent, returnable within 21 days of move-out (Civil Code 1950.5). Ending a month-to-month tenancy takes 60 days' notice, or 30 if the tenant stayed under a year (Civil Code 1946.1). Statewide AB 1482 caps rent increases at 5% plus CPI, up to 10%, for buildings over 15 years past certificate of occupancy (Civil Code 1947.12). Burbank's Tenant Protection Ordinance, effective August 31, 2024, adds three months' relocation pay, a factor before an owner would sell your apartment building in Burbank.
What It Means for an Owner
Burbank pairs a renter-majority, FMR-anchored rent roll with older building stock and a transfer tax that stays at the county's $1.10-per-$1,000 rate rather than a city add-on. That is why owners who sell commercial property in Burbank, CA often run a cap rate review alongside a transfer-tax estimate before listing. Check the math with Skyline Capital's cap rate calculator, then sell multifamily property in Burbank to a buyer built for 5+ unit transactions.
Good To Know
What Shapes A Burbank Offer
More about selling in California →Investing in Burbank? See apartment syndications in Burbank →
- Burbank is not among the LA County cities with their own transfer tax; the county's $1.10-per-$1,000 rate applies.
- Owners who sell commercial real estate in Burbank, CA answer to AB 1482's statewide rent cap, not a city cap.
- Burbank's Tenant Protection Ordinance adds relocation pay and City Attorney enforcement to the state's just-cause rules.
Seller Guides
Selling A Building In Burbank
Learn More
Taxes & Rules For Burbank Property
The California rules that shape any deal in Burbank: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Burbank Seller FAQ
Why sell commercial property in Burbank, CA right now?
Burbank's median gross rent of $2,192 runs 7.7% above the California median, renters hold 56.7% of occupied households, and 40.6% of the housing stock already sits in 5+ unit buildings, so demand for apartment income is already established rather than speculative.
Does Burbank have its own rent control separate from state law when I sell commercial real estate in Burbank, CA?
No. Burbank applies the statewide AB 1482 rent cap of 5% plus CPI, up to 10% a year, for buildings with a certificate of occupancy over 15 years old. Its local Tenant Protection Ordinance adds relocation pay and enforcement, not a separate rent-increase cap.
What does Los Angeles County charge in transfer tax on a Burbank apartment sale?
Los Angeles County's documentary transfer tax is $1.10 per $1,000 of value, so $2,200 on a $2,000,000 sale. Burbank is not among the five LA County cities, Culver City, Los Angeles, Pomona, Redondo Beach and Santa Monica, that add their own city-level transfer tax.
How much security deposit can a Burbank landlord collect?
Civil Code 1950.5 caps most residential security deposits at one month's rent and requires the balance returned, with an itemized statement, within 21 calendar days after the tenant moves out. A narrow small-landlord exception allows two months in limited cases.
What is Burbank's property tax rate on a $2,000,000 building?
Proposition 13's statewide base rate is 1% of assessed value, so $20,000 a year on a $2,000,000 assessment, before any voter-approved local debt increment. A sale resets the assessed value to the new purchase price as of the transfer date.
Will you buy a Burbank property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
How does a sale to you work in Los Angeles County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Can I sell rental property in Burbank with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
How fast can I sell my apartment building in Burbank?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
Submit A Deal
Have A Property In Burbank?
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
