CA > Tarzana
Tarzana, CA 91356,5808 Etiwanda AVE
Tarzana, CA 91356,5808 Etiwanda AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,100,000
Est. payment /mo
0.46 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-23323

HOA Y/N No

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

Interior

Fireplace No

Exterior

Community Features Street Lights, Sidewalks

View Y/N No

View None

Building

Lot Description Sprinklers None

Water Public

Others

Senior Community No

Tax ID 2157012025

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Casey Picard Keller Williams Realty

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