Millman Team Real Estate

$1,799,000
1.10 Acre Lot

5164 N Faris Lane, Woodland Hills, California 91364

  • Land Property Type
Property Description

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 addresses, 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

Basic Details
Land
For Sale
BB26090894
$1,799,000
City Lights,Mountain(s),Panoramic,Valley,Trees/Woods
1.10 Acre
Active
Features
: Public Sewer
$0
Address Map
CA
Los Angeles
Woodland Hills
91364
Faris
5164
Lane
W119° 22' 45.8''
N34° 9' 50.6''
Near Avenue San Luis and Crespi
WHLL - Woodland Hills
N
LAR1
Additional Information
$0
$0
$0
$0
$0
: Sidewalks, Street Lights
: Back Yard, Front Yard
2026-04-27
3700000
https://www.youtube.com/watch?v=uKVLfMHRXh0
: Public
Broker/Agent Information
Redfin Corporation
Blaine Ostrander
Listing Information
Kelly Bond
VCR-C159051737
VCR-CB1730001
Redfin Corporation
BB42088
BH5345356
Cash,Cash to New Loan,Conventional,Owner Will Carry
Active
2026-06-09T02:23:34Z
CRMLS
: Standard
2026-05-22T17:19:41Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us