5808 Etiwanda Ave - Residential LAND FOR SALE


Tarzana, CA 91356 | 20,038 SF
$2,025,000 USD
626-376-9224
5808 Etiwanda Ave, Tarzana, CA for Sale
$2,025,000 USD
Residential LAND - FOR SALE
1/3
20,038 SF

5808 Etiwanda Ave
Tarzana, CA 91356


HIGHLIGHTS

  • The property has ready-to-issue plans for nine small lot subdivision homes that canbe delivered at the Close of Escrow. Each home is a 4 bed / 3.5 bat
  • Lot Offers ±20,167 SF (±10,898 SF after street dedication) that is zoned LARD1.5
  • Centrally located within walking distance to the Orange Line Busway with easyaccess to many national retailers and restaurants.
  • Easy access to Highway 101 with easy access to Lake Balboa Park
  • Opportunity to re-entitle the property for a 100% affordable housing developmentsite which supports up to 135 units (buyer to verify)
  • The property sits in a Tier 7 SAFMR Section 8 Zone

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, 3.5bathrooms, 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 7 SAFMR Section 8 Area, the site qualifies for enhanced density and public funding incentives — making it especially attractive for affordable housing developers. The property sits in a great central location with easy access to the Orange LineBusway, Cedars Sinai Medical Center, Vons, Home Goods, CVS, TJ Maxx, LAFitness, Gelson’s, Coffee Bean and Tea Leaf, and many other retailers and restaurants. Whether pursuing a for-sale residential strategy or maximizing density through affordable housing, 5808 Etiwanda Avenue represents an exceptional opportunity in a high-demand infill location.

FOR SALE DETAILS

PRICE

$2,025,000 USD

PRICE/ACRE

$4,402,088/AC

PRICE/SF

$101 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

RTI for 9 SLO Homes

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Single Family Development, Single Family Residence

LAND ACRES

0.46 AC

LAND SF

20,038 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

(T)(Q)RD1.5-1

APN/PARCEL ID

2157-012-025

ASK ABOUT THIS PROPERTY

Casey PicardKW CommercialMore Info
626-376-9224

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Casey PicardKW CommercialMore Info
626-376-9224

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.