46
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$3,700,000
Est. payment /mo
1.1 Acres Lot
New
5164 N Faris LN Woodland Hills, CA 91364
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26090894
HOA Y/N No
Lot Size 1.100 Acres
Property Description
DEVELOPMENT READY | MULTIPLE REVENUE STREAMS | SCALABLE EXIT STRATEGIES | STRONG MARKET ALIGNMENT | SELLER FINANCING | LOCATION. A fully prepped residential estate portfolio on just over one acre in a premier location minutes from Calabasas and Hidden Hills. Prime Location – Minutes to Calabasas & Hidden Hills; high-demand luxury market. Build-Ready – Subdivided lots, utilities, water meters, a fire hydrant, and plans. Scale Opportunity – Up to 5 total homes (1 existing + 4 new builds) Income Potential – Existing home + approved ADU + future ADUs across 3 of the 4 new homes. Multiple Exit Strategies Build & sell Hold for rental portfolio Hybrid (sell + retain) Private compound. Time = Money Saved – Entitlements and infrastructure reduce months of prep. Risk – Existing renovated home provides immediate use or income. Modern Demand Fit – Designed for multi-gen living + flexible income streams. Seller Financing – Potential leverage advantage. Rare + Location + Entitlements + Flexibility + Scale = High-Upside Development Play.WORK Completed: lots assigned individual APNs and addresses, Architectural plans for each new home, Architectural Plans and Permit for Residence at Lot C, Water lines to each lot, Water meters for each lot, Electric vault and conduits to each lot and Gas lines to each lot.
Location
State CA
County Los Angeles
Area Whll - Woodland Hills
Zoning LAR1
Interior
Inclusions To Be Determined
Fireplace No
Exterior
Community Features Street Lights, Sidewalks
View Y/N Yes
View City Lights, Mountain(s), Panoramic, Valley, Trees/Woods
Building
Lot Description Back Yard, Front Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2075012061
Acceptable Financing Cash, Cash to New Loan, Conventional, Owner Will Carry
Listing Terms Cash, Cash to New Loan, Conventional, Owner Will Carry
Special Listing Condition Standard
Virtual Tour https://www.youtube.com/watch?v=uKVLfMHRXh0
Lease Land No
Listed by Blaine Ostrander Redfin Corporation #01178207
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