5164 N Faris Lane, Woodland Hills, CA, US, 91364
5164 N Faris Lane, Woodland Hills, CA, US, 91364Basics
- Date added: Added 6 days ago
- Category: Residential
- Type: SingleFamilyResidence
- Status: Active
- Bedrooms: 3
- Bathrooms: 3
- Area: 2534 sq ft
- Lot size: 47916, 47916 sq ft
- Year built: 1951
- View: CityLights,Mountains,Panoramic,Valley,TreesWoods
- County: Los Angeles
- MLS ID: BB26024978
Description
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Description:
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.
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Location
- Directions: Near Avenue San Luis and Crespi
- Lot Size Acres: 1.1 acres
Building Details
- Structure Type: House
- Water Source: Public
- Lot Features: BackYard,FrontYard
- Sewer: PublicSewer
- Common Walls: NoCommonWalls
- Garage Spaces: 3
- Levels: One
Amenities & Features
- Pool Features: None
- Parking Total: 3
- Cooling: CentralAir,Electric,EnergyStarQualifiedEquipment,HighEfficiency,WholeHouseFan
- Fireplace Features: Gas, GreatRoom, RaisedHearth, WoodBurning
- Heating: Central,HighEfficiency,NaturalGas
- Interior Features: AllBedroomsDown, BedroomOnMainLevel, GalleyKitchen, WalkInClosets
- Laundry Features: ElectricDryerHookup,GasDryerHookup,Inside,LaundryRoom
- Appliances: DoubleOven,Dishwasher,EnergyStarQualifiedAppliances,EnergyStarQualifiedWaterHeater,ExhaustFan,ElectricOven,GasCooktop,GasWaterHeater,HotWaterCirculator,IceMaker,Microwave,Refrigerator,RangeHood,SelfCleaningOven,TanklessWaterHeater,WaterToRefrigerator,WaterHeater,Dryer,Washer
Nearby Schools
- High School District: Los Angeles Unified
Expenses, Fees & Taxes
- Association Fee: 0
Agent info
- Agent name: Blaine Ostrander
- Agent MLS: BB42088
- Agent email: blaine.ostrander@redfin.com
- Agent officephone: 877-973-3346
Miscellaneous
- List Office Name: Redfin Corporation
- Listing Terms: Cash,CashToNewLoan,Conventional,OwnerWillCarry
- Common Interest: None
- Community Features: StreetLights,Sidewalks
- Exclusions: To Be Determined
- Inclusions: To Be Determined
- Virtual Tour URL Branded: https://www.youtube.com/watch?v=uKVLfMHRXh0