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Rare Walnut Acres land opportunity! Two adjacent lots available. Buy one or both, totaling approximately 36,000 square feet. An exceptional opportunity for homeowners, builders, and developers to acquire prime land in the heart of Walnut Acres, one of Woodland Hills' most desirable neighborhoods. Offered at $1,550,000, this approximately 17,495 square foot RA zoned parcel presents an incredible opportunity to build a custom luxury estate. The adjacent parcel at 23126 Califa Street, approximately 18,504 square feet, is also available for $1,550,000, or both lots can be purchased together for $3,100,00. Recent luxury home sales in Walnut Acres have reached $5 million and above, demonstrating the area's demand for high end new construction. Each lot offers the potential to develop a luxury residence with a projected resale value of approximately $5 million, depending on design, size, finishes, and market conditions. Developers may also explore additional development opportunities under applicable California SB housing laws, potentially allowing multiple residences or ADUs, subject to zoning, eligibility, and City approval. Whether building a custom dream home, two luxury residences, a private family compound, or exploring a multiple home development, the possibilities make this an attractive opportunity. Walnut Acres is known for its expansive lots, custom estates, quiet residential streets, and convenient access to Ventura Boulevard, Warner Center, shopping, dining, and the 101 Freeway. Boundary and topographic surveys, preliminary title reports, and assessor maps are available upon request. Buyer to independently verify zoning, lot dimensions, utilities, subdivision potential, applicable SB laws, building requirements, and all development possibilities with the City of Los Angeles and appropriate agencies.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 11/3/2026 | Year Built | 0 |
|---|---|---|---|
| Community | WHLL - Woodland Hills | County | Los Angeles |
Additional Details
| AREA | WHLL - Woodland Hills |
|---|---|
| LOT | 0.4016 acre(s) |
| LOT DESCRIPTION | Front Yard |
| LOT DIMENSIONS | 17495 |
| SEWER | Public Sewer |
| UTILITIES | Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with The Agency
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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