Regent Properties Filed Plans for 303 New Homes
A former radio site in Los Angeles is slated to become a new community with townhomes and single-family houses.
Updated on Sept. 30, 2026 in Commercial
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Regent Properties has submitted plans to the City of Los Angeles to redevelop a 19-acre property at 12755 Burbank Boulevard. The proposal includes 303 for-sale homes and is currently pending approval for density bonus incentives.
Why it matters
The redevelopment of this 19-acre site marks a significant shift for the neighborhood, as it introduces new housing inventory alongside required affordability set-asides. Local residents and prospective buyers will be watching how the planning commission reviews the requested density incentives.
The proposal features 303 for-sale units across 19 acres, including 5% reserved for lower-income households. The project site sold for over $70 million last year, and the plan includes 727 parking spaces.
The players
Regent Properties
A real estate developer currently managing the redevelopment of a former radio facility into residential housing.
Los Angeles City Planning Commission
The local regulatory body responsible for reviewing density bonus incentives and approving major land-use projects.
The details
The proposed development features a mix of townhomes and single-family houses reaching up to three stories in height. To move forward, Regent Properties must secure approval from the Los Angeles City Planning Commission for density bonus incentives. The plan also incorporates publicly accessible green space and streetscape upgrades along Burbank Boulevard.
Timeline
The property at 12755 Burbank Boulevard was sold in 2025.
Regent Properties filed the redevelopment plans in September 2026.
Money Landscape
This filing follows the standard path for large-scale urban redevelopment projects in Los Angeles that utilize the city's density bonus program. The proposal sits within a trend of repurposing large, non-residential plots into high-density residential housing to meet ongoing demand.
Homebuyers looking for new inventory in the area should monitor the project's progress through the city planning process to understand the future availability of the units. Those interested in the 5% affordable housing set-aside should consult with a housing professional once income eligibility criteria are finalized.
The takeaway
The proposed addition of 303 units reflects a significant change for the 19-acre Burbank Boulevard site. Readers interested in local housing shifts should keep track of public meetings held by the Los Angeles City Planning Commission for project status updates.
Further reading
For more information on market trends, see the Commercial section.
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