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**RARE 1.5-ACRE DEVELOPMENT OPPORTUNITY "” THREE CONTIGUOUS LOTS, THREE EXISTING SINGLE-FAMILY HOMES, ENDLESS POSSIBILITIES!** An exceptionally rare offering in the heart of the San Fernando Valley, featuring approximately 65,380 square feet of combined land across three separate parcels at 18218, 18210, and 18204 Strathern Street. Each parcel features its own existing single-family residence, all individually rented on a month-to-month basis, providing an opportunity for rental income while exploring future development possibilities. All three homes and their existing tenancies are included in the sale. This unique assemblage presents an exceptional opportunity for developers, builders, and investors to capitalize on a substantial landholding with multiple potential development strategies. Explore the possibilities of a multifamily residential community of approximately 20-30 units, a planned subdivision of approximately 10 homes, or retaining the three existing residences while exploring the addition of up to four ADUs per parcel, potentially creating 15 residences across the property. The expansive combined land area offers the opportunity to envision an entirely new residential community in an established San Fernando Valley neighborhood. Whether pursuing a larger residential development or maximizing the potential of each individual parcel, opportunities of this scale and versatility are increasingly difficult to find. **THREE PARCELS. THREE EXISTING HOMES. ONE EXTRAORDINARY OPPORTUNITY!** All three properties must be purchased together and are offered AS-IS, subject to existing month-to-month tenancies and applicable tenant rights. All development scenarios and architectural renderings are conceptual illustrations only and do not represent approved plans, entitlements, or guaranteed development potential. Buyer to independently verify zoning, density, permitted uses, subdivision feasibility, ADU eligibility, utilities, existing tenancies, and all development possibilities with the appropriate governmental agencies.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 10/22/2026 | Year Built | 0 |
|---|---|---|---|
| Community | RES - Reseda | County | Los Angeles |
Additional Details
| AREA | RES - Reseda |
|---|---|
| LOT | 1.5009 acre(s) |
| LOT DIMENSIONS | 65380 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Sewer Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Latitude Real Estate & Invest
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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