美国加利福尼亚州Tarzana5808 Etiwanda Avenue

5808 Etiwanda Avenue 5808 Etiwanda Avenue Tarzana, 加利福尼亚州 91356 美国

$3,500,000
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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...

Marcus & Millichap

Listing Courtesy of Marcus & Millichap
$3,500,000
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1,862 平方米
外观,室外
土地,用地
房产类型
25525575
网站 ID
25525575
MLS ID
Los Angeles Unified
学区
32
天前

About 5808 Etiwanda Avenue

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.

Listing Courtesy of Filip Niculete, Marcus & Millichap, 01905352, Glen Scher, Marcus & Millichap, 01962976, Active
Listing Courtesy of Marcus & Millichap

Marcus & Millichap

Listing Courtesy of Marcus & Millichap
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