5808 Etiwanda, Tarzana, CA 91356

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Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

kobezimmerman@bhhscal.com +1(858) 753-3353

$2,695,000

Est. payment - /mo

0.46 Acres Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-23323

Lot Size 0.463 Acres

Property Sub-Type Lots/Land

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

Direction Located on Etiwanda Avenue north of Highway 101

Interior

Fireplace No

Exterior

View Y/N No

Others

Tax ID 2157012025

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Listed by Casey Picard Keller Williams Realty

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5808 Etiwanda Tarzana, CA 91356