Home | Los Angeles County | Woodland Hills | 91364 | 5164 N Faris Ln
MLS: CRBB26090894 | Status: Active | Price: $3,700,000
Beds/Baths: – / –
Property Type: Land
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 1.1 | – |
DEVELOPMENT READY | MULTIPLE REVENUE STREAMS | SCALABLE EXIT STRATEGIES | STRONG MARKET ALIGNMENT | SELLER FINANCING | LOCATION. 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 – Up to 5 total homes (1 existing + 4 new builds) Income Potential – Existing home + approved ADU + future ADUs across 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. Risk – Existing renovated home provides immediate use or income. Modern Demand Fit – Designed for multi-gen living + flexible income streams. Seller Financing – Potential leverage advantage. Rare + Location + Entitlements + Flexibility + Scale = High-Upside Development Play.WORK Completed: lots assigned individual APNs and addresses, Architectural plans for each new home, Architectural Plans and Permit for Residence at Lot C, Water lines to each lot, Water meters for each lot, Electric vault and conduits to each lot and Gas lines
| Field | Value |
|---|---|
| MLS # | CRBB26090894 |
| MLS Source | California Regional MLS |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| HOA Fee | $0 |
| Zoning | FY, BY |
| Listing Agent | Co-Listing Agent |
|---|---|
| Blaine Ostrander | Kelly Bond |
| Redfin Corporation | Redfin Corporation |
| License #: 01178207 | License #: 01927275 |
| Phone: – | Phone: (805) 795-3386 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 22625 Erwin | $3,699,000 | – | – | – | Active |
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This listing information is up-to-date as of April 28, 2026. For the most current information, please contact Blaine Ostrander.