5808 Etiwanda Avenue
Property Overview
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 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.
Home Details
- Property type
- Land
- Lot size
- 20,167 sq ft
- Days on market
- 3
- MLS status
- Active
- Zoning
- LARD1.5
Features & Amenities
Lot
- Sprinklers None
Community, Schools & Utilities
Community
- Subdivision
- Not Applicable
- View
- None
Utilities
- Water
- Public
Location & Neighborhood
Frequently Asked Questions About 5808 Etiwanda Avenue
Property type: Land
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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