Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Listed by Latitude Real Estate & Invest, Saro Dilanchian, Listing Contact: 8189729550

$4,490,000

18218 Strathern, Reseda CA, 91335

Price per sqft$68.68
Lot size1.5 Acres
Property typeLand

Overview

Active

Listed Oct 22, 2026

Updated 15h ago

**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

Additional information

MLS® ID
CRGD26228923

Exterior Features

Lot Size
1.5 Acres
MLS provider logo

Listed by Latitude Real Estate & Invest, Saro Dilanchian DRE:01314546,
Listing Contact: 818-972-9550 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Strock Real Estate | CA DRE# 01337838 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Strock Real Estate | CA DRE# 01337838 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

©2026 MLS Listings, Inc. All rights reserved. 2026

Data last updated 3:42 AM UTC, 10/23/2026

 

 

Powered by Luxury Presence