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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$2,298,888
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10,800 Sqft Lot
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5315 Riverton Avenue North Hollywood (los Angeles), CA 91601

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

03/09/2025 10:57 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC25051515

HOA Y/N No

Lot Size 10,800 Sqft

Acres 0.25

Property Sub-Type Unimproved Land

Property 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

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Fireplace No

Exterior

View Y/N false

View None

Building

New Construction No

Others

Tax ID 2416011026


Bridge MLS
Listed by Ramin Favakehi • Ramin Favakehi, Broker

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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5315 Riverton Avenue