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Listed by Blaine Ostrander, DRE #01178207 • Redfin Corporation
$ 1,550,000
Est. payment /mo
Price Dropped by $49K
5164 N Faris LN Woodland Hills, CA 91364
1.1 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB26090894
Lot Size 1.100 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
FOUR BUILDABLE VIEW LOTS | FOUR APNs | TWO ACQUISITION OPTIONS Rare Woodland Hills development opportunity offering four buildable residential lots with four separate APNs in a private, view-oriented setting south of Ventura Blvd, near Calabasas and Hidden Hills. $1,350,000 without approved plans | $1,550,000 with approved plans. Significant development work has already been completed, including the lot split? with four separate APNs, water, electric vault, gas and a new fire hydrant at Faris Lane and Crespi Street. Existing architectural and development work is also available with the $1.55M option. OPTION ONE - $1,350,000: Acquire all four lots with completed infrastructure and create your own architectural vision and development strategy. OPTION TWO - $1,550,000: Acquire all four lots with the existing approved plans and development work, providing a more advanced starting point for construction. Potential strategies include building and selling, phased development, long-term investment, or creating a private multi-generational compound. An uncommon opportunity to acquire four separately identified buildable lots together while retaining flexibility over the ultimate development vision. Buyer to independently verify, APNs, utilities, lot status, developmen
Location
State CA
County Los Angeles
Area Whll - Woodland Hills
Zoning FY,BY
Exterior
View Hills, Panoramic, Valley, Forest / Woods, City Lights
Building
Water District - Public
Others
Tax ID 2075012061
Special Listing Condition Not Applicable

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