North Hollywood (los Angeles), CA 91601,5327 Riverton Avenue
North Hollywood (los Angeles), CA 91601,5327 Riverton Avenue
North Hollywood (los Angeles), CA 91601,5327 Riverton Avenue
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Listed by Lauren Cearley • Myunits.com Inc.
$1,295,000
Est. payment /mo
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8,102 SqFt
Pending

5327 Riverton Avenue North Hollywood (los Angeles), CA 91601

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Kevin & Tawnya Erickson

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Pending

Purchase Type For Sale

Square Footage 8,102 sqft

Price per Sqft $159

MLS Listing ID CRBB25167518

HOA Y/N No

Lot Size 8,102 Sqft

Property Sub-Type Unimproved Land

Source Datashare California Regional

Property Description

5327 Riverton Ave is an exceptional opportunity to build a new 6-unit development - or up to 10 units by right - in the heart of the North Hollywood Arts District, one of LA's fastest-growing and most in-demand neighborhoods. This SB-8 exempt, non–rent-controlled, LAR3-zoned lot is a rare find in today's landscape, offering developers a streamlined path forward with no tenant relocation or replacement unit requirements-saving both time and capital. Delivered RTI with plans for six thoughtfully designed townhomes, the current design includes two oversized 3-bedroom, 3.5-bath units and four spacious 2-bedroom, 2.5-bath units. Each features open layouts, en-suite bathrooms, in-unit laundry, and dedicated parking - ideal for today's renter. Prefer to bring your own plans? With LAR3 zoning and SB-8 exemption, developers can build up to 10 units by right - a unique value-add opportunity. Located steps from The Laemmle Theatre, The Federal Bar, Chandler Bike Path, and the newly developed NoHo West hub - home to Trader Joe's, boutique fitness studios, and curated retail - this site offers unbeatable walkability in a red-hot submarket. With very few SB-8 exempt properties left, this is a rare plug-and-play opportunity in a high-growth corridor. Call now before this one gets snatched up.

Location

State CA

County Los Angeles

Interior

Fireplace No

Exterior

View City Lights, Other


Bay East Association of Realtors

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Colfax Charter Elementary

    Public | KG - 5

  • 10

    Valley View Elementary

    Public | KG - 5

  • 9

    Carpenter Community Charter

    Public | KG - 5

  • 9

    Theodore Roosevelt Elementary School

    Public | KG - 5

  • 9

    Robert Louis Stevenson Elementary

    Public | KG - 5

  • 9

    Thomas Jefferson Elementary School

    Public | KG - 5

  • 8

    Rio Vista Elementary School

    Public | KG - 5

  • 8

    Toluca Lake Elementary

    Public | PK - 5

  • 8

    Bret Harte Elementary

    Public | KG - 5

  • 8

    Thomas Edison Elementary

    Public | KG - 5

  • 7

    Celerity Palmati Charter

    Public | KG - 8

  • 7

    Providencia Elementary

    Public | KG - 5

  • 7

    George Washington Elementary

    Public | KG - 5

  • 7

    Walt Disney Elementary School

    Public | KG - 5

  • 6

    Monlux Elementary School

    Public | KG - 5

  • 6

    Celerity Cardinal Charter

    Public | KG - 8

  • 5

    Burbank Boulevard Elementary

    Public | PK - 5

  • 5

    Victory Boulevard Elementary School

    Public | KG - 5

  • 5

    New Horizons Charter Academy

    Public | KG - 8

  • 5

    Lankershim Elementary School

    Public | KG - 5

Middle Schools 6
  • 7

    Walter Reed School

    Public | 6 - 8

  • 6

    Luther Burbank Middle School

    Public | 6 - 8

  • 5

    Sun Valley Magnet

    Public | 6 - 8

  • 4

    Roy Romer Middle School

    Public | 6 - 8

  • 0

    Off Campus Learning Center

    Public | 7 - 12

  • 0

    Magnolia Park

    Public | 6 - 12

High Schools 9
  • 8

    North Hollywood High School

    Public | 9 - 12

  • 8

    John Burroughs High School

    Public | 9 - 12

  • 3

    East Valley High School

    Public | 9 - 12

  • 0

    Valley Torah High School

    Private | 9 - 12

  • 0

    Valley Torah

    Private | 9 - 12

  • 0

    Valley Torah High School Girls' Division

    Private | 9 - 12

  • 0

    Amelia Earhart Continuation

    Public | 9 - 12

  • 0

    Monterey High (Continuation)

    Public | 9 - 12

  • 0

    Providence High School

    Private | 9 - 12

School and business data provided by Attom Data.

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5327 Riverton Avenue