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RARE Builder & Investment Opportunity in the Highly Desirable Wiseburn School District! Endless possibilities await on this expansive lot of nearly 9,000 square feet. Whether you're looking to renovate, expand, build, or create additional income-producing units, this exceptional property offers incredible potential. This property currently features two homes on one lot with separate addresses (4861 & 4863 W 142nd Street). The front house is a charming Spanish-style residence built in 1930 offering 2 bedrooms, 1 bathroom and approximately 1,062 square feet of living space. Original character abounds with soaring 10 foot vaulted ceilings, a cozy wood-burning fireplace, wood flooring, built in hallway cabinetry, beautifully detailed ceilings, and a covered front entry. The rear home, also built in 1930, is a 352 sq. foot studio with a basement below that offers storage or the perfect place for a wine cellar. The rear structure is in tear-down condition, creating an ideal opportunity for redevelopment. The generous lot has been thoughtfully divided by fencing to provide separate front and rear yard areas for each residence. Parking is exceptional, with room for approximately 10-12 vehicles, plus a detached one-car garage adjacent to the rear home currently used for storage. Properties with this combination of lot size, development potential, and location in the Wiseburn School District are exceptionally rare. Whether you're a builder, investor, or buyer looking to create your dream property while generating future income, this is an opportunity you don't want to miss.
Property Type(s):
Single Family
| Last Updated | 7/5/2026 | Year Built | 1930 |
|---|---|---|---|
| Community | 107 - Holly Glen/Del Aire | Garage Spaces | 1.0 |
| County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Free-Standing Range, Refrigerator |
| AREA | 107 - Holly Glen/Del Aire |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Floor Furnace |
| INTERIOR | Beamed Ceilings |
| LOT | 8703 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Sprinklers In Front |
| LOT DIMENSIONS | 8703 |
| PARKING | Driveway, Off Street, RV Access/Parking |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| STYLE | Spanish |
| UTILITIES | Electricity Connected, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
Location
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Listed with Estate Properties
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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