5164 Faris Lane, Woodland Hills, CA 91364
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
5164 Faris Lane,Woodland Hills, CA 91364
$3,700,000
- 1.1 Acres
- Lots / Land
- Active
Listed by: blaine ostrander
Office: redfin corporation
MLS#:BB26090894
Source:CAREIL
Price summary
- Price:$3,700,000
About this home
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...
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Home facts
- Listing ID #:BB26090894
- Added:1 day(s) ago
- Updated:May 01, 2026 at 04:35 PM
Structure and exterior
- Lot area:1.1 Acres
- Lot Features:Mid Block
Utilities
- Water:District - Public
Finances and disclosures
- Price:$3,700,000
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