5164 N Faris Lane, Woodland Hills, CA, 91364

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$1,550,000
165 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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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, development potential, costs, measurements and governmental requirements. Approved plans are not necessarily building permits or RTI. Development is subject to applicable state, county and local governmental approvals and requirements.

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Listing Snapshot
Price 
$1,550,000
Days On Site 
165 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 $1,550,000
a week agoListing updated with changes from the MLS®
5 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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