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5164 N Faris Lane

Woodland Hills, CA 91364
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SqFt47,916

Sqft(Lot)

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 – Four New homes + ADUs in 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. Modern Demand Fit – Designed for multi-gen living + flexible income streams. Seller Financing – Potential leverage advantage. Rare + Location + Entitlements + Flexibility + Scale = High-Upside Development WORK Completed: lots assigned individual APNs and ad dresses, Architectural plans for each new home, Architectural Plans, Water lines to each lot, Water meters for each lot, Electric vault and conduits to each lot and Gas lines to each lot. LOTS ARE A,B,D and E. (Lot C is excluded). Faris Lane Infastructure Cost' $417,000 invested Cost to install the electric vault and electric pipes for each lot =  $18kCost to install the gas lines and meters for each lot = $9k Cost for building plans = $220kCost to divide lots = $125kCost for new power pole & new fire hydrant = $21kCost for new water connections to each lot and new meters for lots = $24k

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Detail Ic Property Details

Property Type : Land

Price : $1,799,000

AD Id : 77771422

MLS Id : BB26090894

Lot Size : 47,916 Sqft(Lot)

County : Los Angeles

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Feature Features

  • Lot Information

    Main Square Feet: 47916 Lot Size Acres: 1.1 Lot Size Source: Estimated Lot Size Square Feet: 47,916 Lot Description: BackYard,FrontYard

  • Listing Price Information

    Listing Price: $1799000
    Original Price: $3700000
    Cash, CashToNewLoan, Conventional, OwnerWillCarry

  • Tax Information

    Parcel Number: 2075012061 Tax Lot: C

  • Location Information

    Direction: Near Avenue San Luis and Crespi WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
20331 Wells Drive, Woodland Hills, CA, 91364 $2,299,000 -- -- -- 25,054 Sqft(Lot)
20101 Chapter Drive, Woodland Hills, CA, 91364 $695,000 -- -- -- 103,125 Sqft(Lot)
4430 Natoma Avenue, Woodland Hills, CA, 91364 $2,199,000 4 3 2,529 27,206 Sqft(Lot)
4742 Bedel Street, Woodland Hills, CA, 91364 $179,900 -- -- -- 4,940 Sqft(Lot)
5105 Escobedo Drive, Woodland Hills, CA, 91364 $299,000 -- -- -- 7,743 Sqft(Lot)
20905 Calimali Road, Woodland Hills, CA, 91364 $99,000 -- -- -- 6,237 Sqft(Lot)
20911 Calimali Road, Woodland Hills, CA, 91364 $99,000 -- -- -- 5,673 Sqft(Lot)
20927 Calimali Road, Woodland Hills, CA, 91364 $42,000 -- -- -- 2,335 Sqft(Lot)
Elzevir Rd & Morro Dr R.., Woodland Hills, CA, 91364 $165,000 -- -- -- 5,492 Sqft(Lot)
4264 Rosario Road, Woodland Hills, CA, 91364 $250,000 -- -- -- 12,392 Sqft(Lot)

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ByOwner last updated this listing 08/12/2026 @ 23:00

MLS: BB26090894 LISTED BY: Blaine Ostrander, Redfin Corporation 877-973-3346 SOURCE: CRMLS

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