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 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.
Data was last updated September 23, 2026 at 09:10 PM (UTC)
Area Statistics
Listings on market:
210
Avg list price:
$227,000
Min list price:
$8,500
Max list price:
$17,500,000
Avg days on market:
134
Min days on market:
0
Max days on market:
462
These statistics are generated based on the current listing's property type
and located in
Los Angeles. Average values are
derived using median calculations. This data is not produced by
the MLS® system.