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
Price:
$3,500,000
MLS #:
25525575
Status:
Active
Baths:
0
Address:
5808 Etiwanda Avenue 2157012025
Type:
Land
Neighborhood:
tartarzana
City:
Tarzana
Listed Date:
Apr 15, 2025
State:
CA
ZIP:
91356
Lot Size:
19,898 sqft / 0.46 acres (approx)
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- Address5808 Etiwanda Avenue 2157012025 Tarzana CA
- AreaTAR – Tarzana
- CityTarzana
- CountyLos Angeles
- Zip Code91356
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5808 Etiwanda Avenue 2157012025
Tarzana, CA
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