About 5164 N Faris
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, Architecturalplans 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 investedCostto install the electric vault and electricpipes for each lot =$18kCostto install the gas lines and meters for each lot =$9kCostfor building plans =$220kCostto dividelots =$125kCost for new power pole & new fire hydrant=$21kCost for new water connections to each lot and new meters for lots =$24k
