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.
The income description goes here to explain
| List Price | $2,495,000 |
| Property Type | Lots/Land |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 0 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 2157012025 |
| MLS # | P123323 |
| Property ID | 321712574 |
| Lot Sqft | 20,167 |
| Zoning | LARD1.5 |
| Days on Market | 205 |
| Original List Price | $3,100,000 |
| Date Updated | November 03, 2025 |
| Date Created | July 21, 2025 |
Casey Picard an agent of . Lic #01921866
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 03, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT