5164 N Faris Lane
Woodland Hills, CA, 91364
$3,700,000
MLS: BB26024978
Beds
3
Baths
3
Sq Ft
2,534
Lot
1.10 ac
Year Built
1951
MLS #
BB26024978
Days on Market
36
Listed
Mar 6, 2026
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.WORK CompletedL,ots 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 to each lot.
Location
Woodland Hills, Los Angeles County, CA 91364
Open on Google Maps ↗Listed by: Blaine Ostrander · Redfin Corporation
Payment estimate
$26,002
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $370,000 · Loan: $3,330,000
- Principal & Interest
- $20,460
- Property tax (1.25%)
- $3,854
- Homeowners insurance
- $300
- Mortgage insurance
- $1,388
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Woodland Hills home with as little as 3.5% down using an FHA loan — roughly $129,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Woodland Hills, CA 91364 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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