5164 N Faris LN, Woodland Hills, CA 91364
5164 N Faris LN, Woodland Hills, CA 91364
5164 N Faris LN, Woodland Hills, CA 91364
5164 N Faris LN, Woodland Hills, CA 91364
5164 N Faris LN, Woodland Hills, CA 91364
5164 N Faris LN, Woodland Hills, CA 91364
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$ 1,599,000
Est. payment | /mo

1.1 Acres Lot


$ 1,599,000
Est. payment | /mo

1.1 Acres Lot

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

FOUR RESIDENTIAL BUILD-READY DEVELOPMENT PACKAGE | PLANS + INFRASTRUCTURE IN PLACE
A rare opportunity to acquire four individually divided residential lots in Woodland Hills, offered together as a development package.

The heavy lifting has already begun. Architectural plans, lot division, water connections/meters, electrical infrastructure, gas infrastructure, and other development improvements are already in place, creating a substantially more advanced starting point than a typical vacant land acquisition.

The package includes plans for four new custom residences, with approximately 12,000+ SF of proposed primary living space plus ADUs, offering multiple strategies for builders, developers, investors, or groups looking to build and sell, build and hold, or create a multi-property residential portfolio.

FOUR LOTS | FOUR HOMES | MULTIPLE EXIT STRATEGIES

• Approximately 1.1 acres combined
• Four individually divided residential lots
• Architectural plans included
• Water connections and meters in place
• Electrical vault/conduits installed
• Gas infrastructure installed
• New power pole and fire hydrant
• Public water and sewer
• South of Ventura Boulevard
• View-oriented residential sites
• ADU opportunities incorporated into select plans
• Approximately $417,000 reportedly invested in infrastructure, planning and lot division

$1,599,000 FOR THE FOUR-LOT PACKAGE — APPROXIMATELY $399,750 PER LOT

This is not simply a land acquisition. It is an opportunity to acquire a partially entitled and infrastructure-advanced residential development package with substantial upfront work already completed.

SELLER FINANCING CONSIDERED

Buyer to independently verify all plans, permits, development rights, costs, dimensions, utilities, zoning, and feasibility with the appropriate governmental agencies and professionals.

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

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Listed by Blaine Ostrander Redfin Corporation #01178207
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Peter Lorimer

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5164 N Faris LN