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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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18218 Strathern Reseda, CA 91335
$4,490,000 0 beds, 0 baths
0 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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Agent Remarks

**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.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# GD26228923
List price is $4,490,000
HOA Fee is $0.00
Beds: 0
Baths: 0
1.50 acres
Lot size: 1.5009
County: Los Angeles
Zoning: RA-1 / LARA
Lot description: Lot Over 40000 Sqft
MLS area: RES - Reseda

Last Updated: 10/22/2026

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This listing belongs to the RES - Reseda MLS area

Lat/Long: 34.215156, -118.530282.
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Listing Agent: Saro Dilanchian
Lic#: 01314546
Broker: Courtesy of Latitude Real Estate & Invest

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Population by Gender

Hispanic/Non-Hispanic Population

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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