5315 Riverton Avenue

North Hollywood, CA 91601

  • 3 Bed(s)
  • 3 Bath(s)
  • 1,645 Sqft
  • 10800
    Sqft(Lot)
$2,298,888

Description

Seller would consider seller financing with 50% down payment.



development opportunity in north hollywood: approved plans for 22 residential units + 5 adus (27 total units)



a prime development opportunity is available in the rapidly growing north hollywood area! this 10,803 sf lot comes with approved plans for a 27-unit residential development. the project includes 22 residential units and 5 accessory dwelling units (adus)—one on each floor. all necessary approvals, including ladwp service approval, have been secured, and mep plans have already been submitted and paid for.



the property spans 10,805 sf (0.248 acres), offering approximately 80 feet of frontage on north riverton avenue with a depth of about 135 feet. the site currently features two residential buildings and a garage/storage structure. zoned r3-1vl, tier 3, and located within a state enterprise zone, this property presents an exceptional opportunity for high-density development.



key features:



approved plans and mep plans ready to go

56-foot building height with 5 residential floors and subterranean parking

total development space of approximately 31,622 sf (far of 4.3:1)

unit mix: 3 one-bedroom units, 17 two-bedroom units, 2 three-bedroom units

23 on-site parking spaces

buyer required to record a low-income covenant for two units and pay necessary fees

this is a rare opportunity to create a high-density residential project in one of la's most vibrant and rapidly developing neighborhoods. don't miss out on this incredible potential!

  • Property Type

    Residential

  • County

    Los Angeles

  • Style

    Residential

  • AD ID

    48926451

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Property Details

  • Bedroom Information

    • Total Bedrooms : 3

    Bathroom Information

    • Total Baths: 3
    • Full Baths: 3
    • Half Baths: 0

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1935

    Pool Features

    • None

    Laundry Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2479
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 10800

  • Listing Price Information

    • Original List Price: 2,298,888
    • Listing Contract Date: 2025-03-11

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 2416011026

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: NHO - North Hollywood
    • Postal Code Plus 4: 3336
    • Directions: NoHo Arts District
    • Zoning: LAR3
    • Source Property Type: Residential
    • Area: NHO - North Hollywood
    • Property SubType: Duplex

    Building and Construction

    • Property Age: 90
    • Common Walls: 1 Common Wall
    • Structure Type: Duplex
    • Year Built Source: Assessor
    • Total Square Feet Living: 1645
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: One
    • Building Total Stories: 1
    • Structure Type: Duplex
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BuyOwner last updated this listing 04/17/2025 @ 18:19

  • MLS: OC25054195
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 3 bedrooms which is for sale, it has 1,645 sqft, 10,800 sized lot, and 2 parking. are nearby neighborhoods.