$1,599,000
Price decreased by $200,000 on Sep 11, 2026

5164 N Faris Ln

  • 1.11 Ac lot
  • Updated: September 20

About the Property

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 ar
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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  • Property type

    Land

  • Year built

    1951

Explore the Area

5164 N Faris Ln, CA, Los Angeles, California, United States View on Google Maps
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Blaine Ostrander
United States
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Blaine Ostrander Blaine Ostrander background
3
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2025
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Premier by Redfin
Premier by Redfin
Seattle, United States
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Premier by Redfin serves clients with exceptional homes that deserve extra time and attention. You get the persona
Premier by Redfin serves clients with exceptional homes that deserve extra time and attention. You get the personal service and local expertise you’d expect from a high-end brokerage, plus the most comprehensive marketing plan in real estate. Your Redfin agent will create a winning strategy to prepare your home for a flawless debut and market it to attract the most qualified buyers.
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Last updated
September 20
First listed
May 24
Listing reference
214464972.0
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