Home | Los Angeles County | Reseda | 91335 | 18218 Strathern
MLS: CRGD26228923 | Status: Active | Price: $4,490,000
Beds/Baths: – / –
Property Type: Land
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 1.5 | – |
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
| Field | Value |
|---|---|
| MLS # | CRGD26228923 |
| MLS Source | California Regional MLS |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| HOA Fee | $0 |
| Zoning | LZ |
Saro Dilanchian
Latitude Real Estate & Invest
License #: 01314546
Phone: (818) 972-9550
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This listing information is up-to-date as of October 22, 2026. For the most current information, please contact Saro Dilanchian, (818) 972-9550.