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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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5808 Etiwanda Avenue, Tarzana – $2,495,000

  • $2.5M Price
  • .46 Acres
  • 127 DOM
  • $2.5M Price
  • .46 Acres
  • 127 DOM

5808 Etiwanda Avenue

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.

Essential Information

  • MLS® #P1-23323
  • Price$2,495,000
  • Bathrooms0.00
  • Acres0.46
  • TypeLand
  • StatusActive

Community Information

  • Address5808 Etiwanda Avenue
  • AreaTAR - Tarzana
  • SubdivisionNot Applicable
  • CityTarzana
  • CountyLos Angeles
  • Zip Code91356

Amenities

  • ViewNone

Exterior

  • Lot DescriptionSprinklers None

Additional Information

  • Date ListedJuly 21st, 2025
  • Days on Market127
  • ZoningLARD1.5

Listing Details

  • AgentCasey Picard
  • OfficeKeller Williams Realty
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Price Change History for 5808 Etiwanda Avenue, Tarzana, (MLS® #P1-23323)

Date Details Change
Price Reduced from $2,695,000 to $2,495,000 $200,000 (7.42%)
Price Reduced from $2,900,000 to $2,695,000 $205,000 (7.07%)
Price Reduced from $3,100,000 to $2,900,000 $200,000 (6.45%)

Casey Picard, Keller Williams Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of November 25th, 2025 at 12:56am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.