5164 N Faris LN, Woodland Hills, CA 91364
5164 N Faris LN, Woodland Hills, CA 91364
5164 N Faris LN, Woodland Hills, CA 91364
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Blaine Ostrander, DRE #01178207 • Redfin Corporation
$1,550,000
Est. payment /mo
1.1 Acres Lot
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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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Sharad Gupta
Sharad Gupta

Broker License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA 95054, USA

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5164 N Faris LN

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