Tarzana, CA 91356,5808 Etiwanda AVE
Tarzana, CA 91356,5808 Etiwanda AVE
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Carlos Elizalde

Carlos Elizalde

+1(714) 389-8310
$ 2,495,000
Est. payment | /mo

0.46 Acres Lot

Save
$ 2,495,000
Est. payment | /mo
Save

0.46 Acres Lot

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

CRMLS – RECore
Listed by Casey Picard Keller Williams Realty
Nearby Locations
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Encino Charter Elementary School

    Public | KG - 5

  • 8

    Sherman Oaks Center for Enriched Studies

    Public | 4 - 12

  • 8

    Stagg Street Elementary

    Public | PK - 5

  • 8

    Lanai Road Elementary School

    Public | KG - 5

  • 7

    Nestle Avenue Charter

    Public | PK - 5

  • 7

    Lorne Street Elementary

    Public | KG - 5

  • 6

    Chime Institute's Schwarzenegger Community

    Public | KG - 8

  • 6

    Shirley Avenue School

    Public | KG - 5

  • 6

    Wilbur Charter for Enriched Academics

    Public | KG - 5

  • 6

    Lemay Street Elementary

    Public | KG - 5

  • 6

    Valley Alternative Magnet

    Public | KG - 12

  • 5

    Winnetka Elementary School

    Public | KG - 5

  • 5

    Calvert Charter for Enriched Studies

    Public | PK - 5

  • 5

    Vanalden Avenue Elementary

    Public | KG - 5

  • 5

    Reseda Elementary

    Public | KG - 5

  • 5

    Magnolia Science Academy 7

    Public | KG - 5

  • 5

    Garden Grove Elementary

    Public | KG - 5

  • 5

    Bertrand Avenue Elementary School

    Public | KG - 5

  • 5

    Emelita Academy Charter

    Public | KG - 5

  • 5

    Newcastle Elementary

    Public | KG - 5

Middle Schools 8
  • 8

    Gaspar De Portola Middle School

    Public | 6 - 8

  • 7

    Magnolia Science Academy

    Public | 6 - 12

  • 6

    James Jordan Middle School

    Public | 6 - 8

  • 6

    Magnolia Science Academy 2

    Public | 6 - 12

  • 5

    Mulholland Middle School

    Public | 6 - 8

  • 1

    John A. Sutter Middle School

    Public | 6 - 8

  • 0

    Diane S. Leichman Special Education Center

    Public | 6 - 12

  • 0

    Joaquin Miller Career and Transition Center

    Public | 6 - 12

High Schools 12
  • 10

    High Tech la

    Public | 9 - 12

  • 7

    Taft Charter High School

    Public | 9 - 12

  • 7

    Cleveland Charter High School

    Public | 9 - 12

  • 7

    Daniel Pearl Journalism & Communications Magnet

    Public | 9 - 12

  • 5

    Birmingham High School

    Public | 9 - 12

  • 4

    Reseda Charter High School

    Public | 9 - 12

  • 0

    Henry David Thoreau Continuation

    Public | 9 - 12

  • 0

    John R. Wooden High School

    Public | 9 - 12

  • 0

    The American University for Science and Technology

    Private | 9 - 12

  • 0

    Zane Grey Continuation

    Public | 9 - 12

  • 0

    Crespi Carmelite High School

    Private | 9 - 12

  • 0

    Independence Continuation

    Public | 9 - 12

School and business data provided by Attom Data.

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Carlos Elizalde
Carlos Elizalde

REALTOR® | License ID: 02090487

+1(714) 389-8310

Anaheim, CA, 92805, USA

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