Infill Residential Development Site in Tarzana, CA
2,800,000
Tarzana (Los Angeles), CA
At-A-Glance
Asking Price: $2,800,000
Address: 18367 Hatteras Street, Tarzana, CA
Land Area: 0.5 Acres (21,820 SF)
Proposed Use: Multi-Family
Opportunity
12 Townhomes or +/-120 Affordable Units
Highlights
DEVELOPMENT STRATEGY
Strategy 1:
Twelve (12) market rate townhome rentals
Current Entitlements: Twelve townhome style apartments approved (eleven 2 BR/1.5 BA + one 3 BR (plus office + 3.5 BA) within 13,582 square feet. See plans for more details.
Strategy 2:
ED1 100% Affordable project, with unlimited density and maximum FAR and no parking provided, estimated ~ 120 units
• Height: 45’ + 22’ (TOC Bonus) = 67’
• FAR: 3:1 to 4.5 FAR (TOC Bonus) / 98,198.55 SF buildable area
