5315 Riverton Avenue
North Hollywood, CA 91601
- – beds
- – baths
- – sqft
- 10,800 sqft lot
- – on site
Soon to be RTI development opportunity in North Hollywood – approximely 10,803 SF Lot with Approved Plans for 22 plus 5 recreation units for ADU development This prime 10,805 square foot property (0.248 acres) is located in North Hollywood, offering approximately 80 feet of frontage along North Riverton Avenue and a depth of about 135 feet. Currently improved with two residential buildings and a garage/storage structure. Zoned R3-1VL, TIER 3, the site is within a designated State Enterprise Zone, providing potential incentives for development. The approved project plans call for the construction of a 22-unit residential building, plus 5 recreation units for ADU development, one in each floor, with a total building height of 56 feet. The project will feature five residential levels above one subterranean parking level, comprising approximately 31,622 square feet of space with a Floor Area Ratio (FAR) of 4.3:1. The mix of units will include 3 one-bedroom units, 17 two-bedroom units, and 2 three-bedroom units, along with 23 on-site parking spaces. This property offers an exciting opportunity for a developer looking to capitalize on the growing North Hollywood market, with an approved plan for high-density residential development in a prime location.
Last checked:
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Last updated Nov 10, 2024
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MLS# OC24229901 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Financial & Terms
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Disclosures:Principal Is RE Licensed
Location
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Directions:Magnolia and Riverton
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Latitude:34.16722700
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Longitude:-118.36568400
The Property
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Property Type:Land
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Zoning:LAR3
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Lot Features:Lot 10000-19999 Sqft
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Lot Size Area:10800.0000
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Lot Size Acres:0.2479
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Lot Size SqFt:10800.00
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Lot Size Source:Assessor
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View:None
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:1253.21
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Tax Lot:14
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2416011026
Utilities
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Water Source:Public
The Community
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Senior Community:No
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Features:Curbs
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Association:No
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Distance To Water Comments:200
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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11/7/24
Nov 7, 2024
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Listed / Active | CRMLS_CA | $2,800,000 | 119.6% (55.7% / YR) |
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9/16/22
Sep 16, 2022
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CRMLS_CA | $1,275,000 | -24.8% | |
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9/12/22
Sep 12, 2022
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CRMLS_CA | $1,695,000 |
