North Hollywood (los Angeles), CA 91601,5315 Riverton Avenue
North Hollywood (los Angeles), CA 91601,5315 Riverton Avenue
North Hollywood (los Angeles), CA 91601,5315 Riverton Avenue
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Listed by Ramin Favakehi • Ramin Favakehi, Broker
$1,998,000
Est. payment /mo
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10,800 SqFt
Active

5315 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 Active

Purchase Type For Sale

Square Footage 10,800 sqft

Price per Sqft $185

MLS Listing ID CROC25228792

HOA Y/N No

Lot Size 10,800 Sqft

Property Sub-Type Unimproved Land

Source Datashare California Regional

Property Description

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

Location

State CA

County Los Angeles

Interior

Fireplace No

Exterior

View None


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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5315 Riverton Avenue