5808 Etiwanda Avenue new

Tarzana,CA 91356

$ 3100000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-23323

Lot Size 0.463 Acres

Property Description

5808 Etiwanda Avenue offers a rare development opportunity in the heart of Tarzana, California. Situated on a ±20,167 SF lot (±19,898 SF after street dedication) and zoned LARD1.5-1, the property is pending Ready-To-Issue (RTI) for 9 small lot subdivision homes (to be delivered for buyer prior to close of escrow). Each planned home ranges from 1,861 to 1,882 SF and features 4 bedrooms, 3.5 bathrooms, a private 2-car garage, and individual patios and balconies—ideal for modern living.

Importantly, if a developer chooses to build and sell each home individually, each individual sale would not be subject to Measure ULA, providing a significant financial advantage.

In addition to the shovel-ready plan, the property holds tremendous potential with the option for the land to be re-entitled for a 100% affordable housing development supporting up to 135 units. Located within a Tier 4 SAFMR Section 8 Highest Resource Area, the site qualifies for enhanced density and public funding incentives—making it especially attractive for affordable housing developers.

Location

State CA

County Los Angeles

Area Tar - Tarzana

Zoning LARD1.5

Exterior

Community Features Sidewalks,Street Lights

View Y/N No

View None

Building

Lot Description Sprinklers None

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