1723 Thurber Place
Burbank, CA, 91501
$1,200,000
MLS: SR26060918
Beds
2
Baths
1
Sq Ft
1,452
Lot
0.23 ac
Year Built
1950
MLS #
SR26060918
Days on Market
7
Listed
Apr 3, 2026
Description
Exceptional opportunity in the highly sought-after Burbank Hills—ideal for investors, owner builders, and developers looking for their next project. This property presents a true value-add opportunity and is best suited for a major renovation or potential redevelopment. There is additional storage space under the home in the basement Approx. 788 sq. ft. - not permitted as living space and not included the square footage. The surrounding neighborhood continues to see strong demand, with many properties being updated, expanded, or replaced with newer, larger homes. Recent activity reflects a clear trend toward modern construction and thoughtfully designed residences, supporting long-term upside potential for those looking to reimagine the site. The home carries a unique architectural story, with design inspiration influenced by the legacy of Frank Lloyd Wright, offering an interesting foundation for those who may wish to incorporate or reinterpret its character. The property also features distinctive personal elements, including a pool accented with authentic brain coral and a giant clam shell brought back from Hawaii post WWII, as well as a mature macadamia nut tree near the driveway—adding a layer of history and individuality to the setting. Conveniently located near major studios, employment centers, dining, and transportation, Burbank remains one of the most desirable areas in Los Angeles for both end-users and developers alike. Bring your vision and unlock the potential of this unique property in a neighborhood defined by growth and transformation.
Location
Burbank, Los Angeles County, CA 91501
Open on Google Maps ↗Listed by: Scott Reiber · Redfin Corporation
Payment estimate
$8,636
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,080,000
- Principal & Interest
- $6,636
- Property tax (1.25%)
- $1,250
- Homeowners insurance
- $300
- Mortgage insurance
- $450
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Burbank home with as little as 3.5% down using an FHA loan — roughly $42,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Burbank, CA 91501 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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