5808 Etiwanda Avenue
Tarzana, CA 91356
0.46 acres | #25525575
Description
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.
Property Details
- CountyLos Angeles
- Original List Price$3,500,000
- Property TypePurchase
- MLS #25525575
- MLS #25525575
- Cost3500000
- Acres0.4568
- Property SubtypeLand
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Filip Niculete (#CLW-C112897)
Listing Office: Marcus & Millichap (#CLW-X75151)
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