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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.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 7/21/2025 | Tract | Not Applicable |
|---|---|---|---|
| Year Built | 0 | Community | TAR - Tarzana |
| County | Los Angeles |
Additional Details
| AREA | TAR - Tarzana |
|---|---|
| LOT | 0.463 acre(s) |
| SUBDIVISION | Not Applicable |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Keller Williams Realty
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