5164 N Faris Lane, Woodland Hills, CA, 91364

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$1,599,000
145 Days On Site

5164 N Faris Lane
Woodland Hills, CA 91364

For Sale|Land|Active
County:
Los Angeles
Listed by Blaine Ostrander of Redfin Corporation blaine.ostrander@redfin.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
5164 N Faris Lane5164 N Faris Lane5164 N Faris Lane5164 N Faris Lane
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Monthly Payment (Est.)

$7,295
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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.

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Listing Snapshot
Price 
$1,599,000
Days On Site 
145 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.1 Acres
Year Built 
N/A
MLS® Number 
BB26090894
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoPrice changed to $1,599,000
a week agoListing updated with changes from the MLS®
4 months agoStatus changed to Active
5 months agoListing first seen on site
General Features
Acres 
1.1
Land Lease 
No
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Zoning 
LAR1
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Exterior Features
Lot Features 
Back YardFront Yard
View 
City LightsMountain(s)PanoramicValleyTrees/Woods
Waterview 
City LightsMountain(s)PanoramicValleyTrees/Woods
Community Features
Community Features 
Street LightsSidewalks
MLS Area 
WHLL - Woodland Hills
Financing Terms Available 
CashConventionalOwner Will Carry


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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