Zumper
modified
5+ Days Ago

Highlights

  • Vertical blinds
  • On-site laundry facility
  • On-site parking
  • On-site management
  • Friendly community
  • Excellent amenities

Location

700 S Lake St, Burbank, CA 91502, USA|Rancho Adjacent
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Contact

Management

Pari Enterprises, Inc.

Leasing office

(747) 477-1555

Property Overview

Lake Street Apartments offers strong overall value with an 8.5/10 expert rating, including standout scores for price, location, and amenities that signal an elevated, convenient living experience. Residents benefit from on-site laundry, parking, and management, along with a friendly community and vertical blinds, while enjoying competitive value for money and reasonable access to groceries, public transit, and a nearby top-rated elementary school.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, Lake Street Apartments is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Lake Street Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Elementary school nearby

Floor plans

0BR/1.0BAStudio1 bath304+ sqft$1,650–$1,675 /mo2 units availableAvailable now!! Settle into your new studio, 1-bathroom home in a friendly community with excellent amenities! Unit Amenities: • New, Stylish Wood-Inspired Vinyl Plank Flooring Throughout • Vertical Blinds • Air Conditioning/Heating Wall Unit • Full-Size Stove Utilities: Water & Trash Included Lease Term: 6 Months Pet Policy: Sorry, no pets allowed Call Now to Schedule a Tour! Please call (747) 477-1555 for more details and to schedule your visit today! We are looking forward to hearing from you!
1BR/1.0BA1 bed1 bath511 sqft$1,850–$1,875 /mo3 units availableAvailable now!! Settle into your new 1-bedroom, 1-bathroom home in a friendly community with excellent amenities! Unit Amenities: • Comfortable Carpet in the Bedroom • Stylish Wood-Inspired Vinyl Plank Flooring Throughout • Vertical Blinds • Air Conditioning/Heating Wall Unit • Full-Size Stove Utilities: Water & Trash Included Lease Term: 12 Months Pet Policy: Sorry, no pets allowed Call Now to Schedule a Tour! Please call (747) 477-1555 for more details and to schedule your visit today! We are looking forward to hearing from you!

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Amenities for Lake Street Apartments

Apartment Amenities

Air ConditioningTrash
Water

Appliances

Range
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units55
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About Lake Street Apartments

HomeApartments in BurbankRancho Adjacent Lake Street Apartments

Located at 700 S Lake St., Burbank, CA 91502, this community offers convenient access to a wide range of shopping, dining, and everyday services just minutes away. The property sits near the horse-friendly Rancho district to the south and provides quick access to Interstate 5, making commuting simple and efficient. Building Amenities: • Friendly on-site management • On-site parking • On-site laundry facilities • Air-Condition Utilities: Water and trash included Lease Term: 12 months Pet Policy: No pets allowed Call now to schedule a tour! For more information or to book a viewing, please call (747) 477-1555 — we look forward to hearing from you!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, Lake Street Apartments is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Lake Street Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Lake Street Apartments
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Lake Street Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Lake Street Apartments is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Lake Street Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Lake Street Apartments to provide reasonable accomodations and accurate details about its community.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Lake Street Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Lake Street Apartments compares to other nearby properties.

Positives

Less expensive
Studio units are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 0.4 mile away

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Rent trends in Rancho Adjacent

Studio apartments at Lake Street Apartments cost about 2% less than the average rent price for studios in Rancho Adjacent.

1-bedroom apartments here are priced 1% lower than 1-bedrooms in Rancho Adjacent.

Median rents as of Apr 25 2026.
Rancho Adjacent
Burbank
A table of studio rental data trends in Burbank
MonthMedian Rent
May 2024$1,700
June 2024$1,831
July 2024$1,827
August 2024$1,791
September 2024$1,799
October 2024$1,767
November 2024$1,761
December 2024$1,788
January 2025$1,871
February 2025$1,764
March 2025$1,757
April 2025$1,811
May 2025$1,871
June 2025$1,820
July 2025$1,826
August 2025$1,842
September 2025$1,884
October 2025$1,802
November 2025$1,795
December 2025$1,797
January 2026$1,748
February 2026$1,716
March 2026$1,744
April 2026$1,721
A table of studio rental data trends in Rancho Adjacent
MonthMedian Rent
May 2024$1,602
June 2024$2,083
July 2024$1,978
August 2024$1,728
September 2024$1,682
October 2024$1,736
November 2024$1,822
December 2024$1,712
January 2025$1,697
February 2025$1,700
March 2025$1,708
April 2025$1,712
May 2025$1,700
June 2025$1,641
July 2025$1,620
August 2025$1,716
September 2025$1,738
October 2025$1,700
November 2025$1,650
December 2025$1,692
January 2026$1,699
February 2026$1,665
March 2026$1,663
April 2026$1,709

Affordability calculator

Can I afford to live at 700 S Lake St?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$66,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $66,000 annually to afford this studio monthly rent price of $1,650.
For more information on rent affordability, visit our rent calculator.

Schools near Lake Street Apartments

William McKinley Elementary School

349 w valencia ave

burbank, CA, 91506

K-5Public
A-

Burbank Unified Independent Learning Academy (Buila)

3715 allan ave

burbank, CA, 91505

K-12Public
B+

Computer Science Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

STEAM Virtual Academy

333 s beaudry ave 11th fl

los angeles, CA, 90017

K-12Public

Leadership & Public Service Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public
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Neighborhood

Rancho Adjacent | Burbank, CA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Burbank near 700 S Lake St

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

4/10
There are a few mass transit options within the area.

Points of interest for 700 S Lake St, Burbank

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

3/10
Some bars within walking distance

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