Courtesy of Redfin Corporation, Blaine Ostrander 805-358-3469
Property 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, Architecturalplans 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.
Open House
Property Details and Features
-
Appliances & Equipment
- “Dishwasher”
- “Dryer”
- “Microwave”
- “Refrigerator”
- “Washer”
- “Double Oven”
- “Electric Oven”
- “Gas Stove”
- “Ice Maker”
- “Recirculated Exhaust Fan”
- “Self Cleaning Oven”
- “Water Line to Refr”
-
Bathrooms
- 3 total bathrooms
- 3 full bathrooms
-
Bedrooms
- 3 total bedrooms
- 3 possible bedrooms
-
Building
- Built in 1951
- Building area total: 2534
- 1 stroy
- 1 story total
- Living area: 2534
- Living area units: Sqft
- Building area units: Sqft
- Entry level: 1
- “No Common Walls”
- “1 Story”
-
Cooling
- “Central Forced Air”
- “Electric”
- “Energy Star”
- “High Efficiency”
- “SEER Rated 16+”
- “Whole House Fan”
-
Fireplaces
- “Gas”
- “Great Room”
- “Raised Hearth”
-
Garage
- 3 spaces
-
Water Features
- Water source: “Public”
-
Heating
- “Forced Air Unit”
- “High Efficiency”
-
Laundry
- “Gas & Electric Dryer HU”
-
Listing
- Listing ID: BB26024978
- List price: $3,700,000
- List price low: $3,500,000
- 47 days on market
- Listing contract date: 2026-02-27
- Special listing conditions: “Standard”
- “Cash”
- “Conventional”
- “Cash To New Loan”
-
Lot
- 47,916 size sqft
- Size area: 1.1
- Size units: Acres
-
Parking
- Total: 3
-
Pool
- “N/K”
-
Property
- Property subtype: Detached
- Property type: Residential
- “Mountains/Hills”
- “Panoramic”
- “Valley/Canyon”
- “Trees/Woods”
- “City Lights”
-
Sewer
- “Public Sewer”
