303 For-Sale Homes Planned in Valley Village: What the Former ABC Radio Site Could Become

A large former broadcast property in Valley Village could become something Los Angeles does not build nearly as often as apartments: a substantial new community of for-sale homes.

Plans filed for the former ABC Radio property at 12755 Burbank Boulevard call for just over 303 homes across a 19-acre site. The proposal includes both traditional single-family houses and townhomes, with five percent of the homes reserved for lower-income purchasers.

That makes this project worth watching for buyers.

Much of Los Angeles' recent housing development has focused on rental apartments. This proposal is different.

What is proposed at 12755 Burbank Boulevard?

The current plan would redevelop a former ABC Radio broadcast facility into a low-rise residential community.

The proposal includes approximately 303 for-sale homes with a mixture of single-family houses and townhomes.

Floor plans are expected to range from one to five bedrooms.

Buildings would reach up to three stories, and the development would include parking for 727 vehicles.

That combination gives the project a substantially different character from the podium apartment buildings appearing along many Los Angeles commercial corridors.

How large is the site?

Approximately 19 acres.

That scale matters.

Many Los Angeles housing developments are assembled from one or several relatively small parcels.

A 19-acre site gives a developer room to think about streets, landscaping, open space and the relationship between buildings rather than fitting one structure onto a constrained urban lot.

The site reportedly sold for more than $70 million in 2025.

Will these be rentals?

The proposal is for for-sale housing, which is one of the reasons I think it deserves attention.

Los Angeles needs rental housing, but ownership inventory matters too.

A household deciding between a condominium, townhome and detached house has very different options from a renter choosing between apartment buildings.

Adding hundreds of new ownership units in one development could create a meaningful new option for Valley buyers if the project ultimately proceeds as proposed.

What types of homes are planned?

The developer is proposing both traditional single-family houses and townhomes.

That could allow the community to serve several buyer profiles.

A smaller townhome may appeal to a first-time buyer or someone who wants lower maintenance.

A larger detached home may appeal to a household that needs more bedrooms or private outdoor space.

The reported one-to-five-bedroom range suggests the project is not designed around a single household type.

Will there be affordable homes?

Yes, under the current proposal.

Five percent of the homes would be reserved for purchase by lower-income households as part of the project's density-bonus strategy.

The project still requires relevant approvals, so details can change before construction.

That is why I would describe these numbers as proposed rather than final.

What else is included?

Plans also call for publicly accessible green space and streetscape improvements along Burbank Boulevard.

That matters because a development of this scale is effectively creating a small neighborhood within a neighborhood.

The quality of streets, landscaping, sidewalks and common areas can materially affect how the finished community feels.

For a buyer, I would eventually want to understand not just the floor plan of an individual home, but the entire site plan.

Why does for-sale construction matter?

New ownership housing can be difficult to produce in Los Angeles.

Developers have to consider land, construction costs, financing, insurance, entitlement risk and the price buyers can actually afford.

Rental developments can sometimes be financed and operated under a different economic model.

That is one reason large apartment buildings are much more common in current Los Angeles development coverage than projects containing hundreds of individually owned homes.

A 303-home ownership community therefore stands out.

Could new construction help first-time buyers?

Potentially, but new does not necessarily mean inexpensive.

Pricing has not been established in the current public proposal.

New construction can command a premium because buyers receive modern systems, contemporary layouts and less immediate maintenance.

Townhomes can sometimes offer a lower entry point than detached houses, but that depends on size, location, HOA costs and final pricing.

I would wait for actual prices before describing the project as an affordability solution for market-rate buyers.

What should buyers eventually investigate?

If these homes reach the market, I would look beyond the base purchase price.

For attached or common-interest housing, buyers should understand HOA dues, what those dues cover, reserves, insurance and maintenance responsibilities.

For new construction, I would also want to understand builder warranties, upgrade pricing, property taxes, any special assessments or community facilities obligations, parking and future development phases.

A model home is designed to sell the lifestyle. The documents tell you what you are actually buying.

Could 303 new homes affect existing Valley Village sellers?

Possibly, particularly once the project begins selling.

New construction becomes another comparable option for buyers.

An existing townhome seller may eventually compete with brand-new townhomes nearby.

But existing homes can have advantages too. They may offer larger lots, established landscaping, lower HOA costs, different architecture or a better price per square foot.

Competition does not mean existing housing becomes obsolete. It means sellers need to understand what buyers can purchase elsewhere for similar money.

What could the project mean for Valley Village?

A 19-acre redevelopment is large enough to change the immediate area.

Hundreds of households create demand for nearby restaurants, grocery stores and services.

Public open space can create a neighborhood amenity. Streetscape improvements can change the experience along Burbank Boulevard.

There can also be additional traffic and pressure on surrounding infrastructure.

The appropriate question is not whether development creates change. It clearly does. The question is how the project is designed and how well that design integrates with the surrounding neighborhood.

Is construction starting now?

No.

The filing is an important step, but the proposal still requires approvals, including density-bonus incentives from the Los Angeles City Planning Commission.

That means this article should be treated as a description of the current proposal, not a guarantee that every detail will be built exactly as shown.

The next meaningful editorial milestone would be project approval, a major redesign, construction financing, groundbreaking or sales launch.

Why I would watch this project differently from another apartment building

Ownership changes the story.

If a 300-unit rental building opens, the immediate market question is usually rents and rental supply.

If 303 new homes go on sale, they become direct alternatives for buyers comparing existing houses, condominiums and townhomes throughout the eastern San Fernando Valley.

That creates a different competitive dynamic.

It also gives us actual transaction data once sales begin.

Eventually, we will be able to compare new-construction pricing with existing Valley Village inventory. That will be much more informative than renderings.

Frequently asked questions

How many homes are planned at the former ABC Radio property? Just over 303 for-sale homes are currently proposed.

Where is the project? 12755 Burbank Boulevard in Valley Village.

Are these apartments? No. Current plans call for for-sale single-family homes and townhomes.

How large is the property? Approximately 19 acres.

Will any homes be affordable? The proposal reserves five percent of the new homes for purchase by lower-income households.

When will the homes go on sale? A sales date has not been established. The project still requires approvals.

Paul's take

I think this is one of the more interesting housing proposals to come out this week because it adds something different to the conversation.

Los Angeles development news is frequently about apartments.

Here, we are talking about more than 300 potential ownership opportunities ranging from townhomes to larger houses.

I would not judge the project until we know final approvals, HOA structure and pricing.

But for buyers considering Valley Village and the surrounding Valley neighborhoods, this is absolutely a project I would keep on the radar.

Once pricing is available, the useful question will become very practical: how does a brand-new home here compare with what the same buyer can purchase in the existing resale market?