34.176348 -118.530361 0
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Listed by Marcus & Millichap, Filip Niculete.

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5808 Etiwanda AVTarzana, CA 91356

Active
$3,500,000
0.46 Acres

We are pleased to present a rare RTI (Ready-to-Issue) development opportunity at 5808 Etiwanda Avenue, ideally located in the heart of Tarzana, CA. This fully entitled project features approved plans for the construction of nine detached single-family small lot homes on a 19,898-square-foot parcel.Each home is designed as a modern, three-story residence with four bedrooms, three-and-a-half bathrooms, and an attached two-car garage. The site plan is optimized for efficient land use while offering a thoughtful mix of layouts to appeal to both owner-occupiers and investors. The project provides several strategic advantages: 1) No ULA transfer tax upon sale of individual homes, minimizing exit costs for developers. 2) Ideal for entry-level homebuyers seeking attainable single-family living in a high-cost area. 3) Strong potential as a build-to-rent investment, with projected rental income offering attractive yields. With RTI plans in hand, developers can break ground immediately and capitalize on strong housing demand in one of Los Angeles' most supply-constrained submarkets.


FACTS & FEATURES

  • Property Type:
    Land
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    0
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    0 SqFt
  • Lot Size:
    0.46 Acres
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    TAR - Tarzana
  • Views:
    None
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  • Senior Community:
    False
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LOCATION


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Listing Office: Marcus & Millichap. Listing Agent: Filip Niculete. Listing ID: 25525575

Last Updated April 23, 2025 5:13 AM
Data last checked against CRMLS on May 6, 2025 6:55 AM

Based on information from California Regional Multiple Listing Service, Inc. as of May 6, 2025 6:55 AM and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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