5315 Riverton Avenue
North Hollywood, CA 91601
- – beds
- – baths
- – sqft
- 10,800 sqft lot
- – on site
Development Opportunity in North Hollywood – Approved Plans for 22 Residential Units and 5 ADUs An exceptional opportunity awaits developers in the thriving North Hollywood area! This prime 10,803 SF lot comes with approved plans for a 22-unit residential building, along with 5 recreational ADU units. All necessary approvals have been secured, including LADWP’s approval to serve the project, and the development will be delivered with MEP plans. The property, which spans 10,805 square feet (0.248 acres), offers approximately 80 feet of frontage on North Riverton Avenue and a depth of around 135 feet. Currently, the site includes two residential buildings and a garage/storage structure. Zoned R3-1VL, TIER 3, and located within a State Enterprise Zone. Key Features: Approved plans for a 22-unit residential building and 5 recreational ADUs, one on each floor Building height of 56 feet, with five residential floors and subterranean parking Total development space of approximately 31,622 square feet (FAR of 4.3:1) Unit mix includes 3 one-bedroom units, 17 two-bedroom units, and 2 three-bedroom units 23 on-site parking spaces Buyer required to record the low-income covenant in their name for two units, pay necessary fees, and obtain the permit to complete the housing process This property represents a rare opportunity to develop a high-density residential project in a rapidly growing and sought-after location. Don’t miss out on this incredible development potential! For more information or to schedule a viewing, contact the listing agent today.
Last checked:
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Last updated Mar 8, 2025
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MLS# OC25051515 —
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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Features:Curbs
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Association:No
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Senior Community: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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3/8/25
Mar 8, 2025
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Listed / Active | CRMLS_CA | $2,298,888 | 80.3% (32.4% / YR) |
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12/1/24
Dec 1, 2024
|
Listed / Active | CRMLS_CA | ||
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11/7/24
Nov 7, 2024
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Listed / Active | CRMLS_CA |
