5315 Riverton Avenue

North Hollywood, CA 91601

About this property

Prime North Hollywood development opportunity on an approximately 10,805 SF R3-1VL lot with approved plans for a 27-unit residential project consisting of 22 apartment units and 5 ADUs. The proposed development includes a five-story building with subterranean parking, approximately 31,622 SF of gross building area, and 23 on-site parking spaces. The property is currently improved with two residential structures and a detached garage/storage building. Located within a Tier 3 Transit Oriented Communities (TOC) area. Buyer to verify all zoning, approvals, permits, development standards, TOC incentives, square footage, and all information with the City of Los Angeles. Buyer is advised to independently verify all zoning, approvals, permits, development potential, square footage, TOC incentives, affordable housing requirements, and all other information with the City of Los Angeles and applicable agencies.

About this property

Prime North Hollywood development opportunity on an approximately 10,805 SF R3-1VL lot with approved plans for a 27-unit residential project consisting of 22 apartment units and 5 ADUs. The proposed development includes a five-story building with subterranean parking, approximately 31,622 SF of gross building area, and 23 on-site parking spaces. The property is currently improved with two residential structures and a detached garage/storage building. Located within a Tier 3 Transit Oriented Communities (TOC) area. Buyer to verify all zoning, approvals, permits, development standards, TOC incentives, square footage, and all information with the City of Los Angeles. Buyer is advised to independently verify all zoning, approvals, permits, development potential, square footage, TOC incentives, affordable housing requirements, and all other information with the City of Los Angeles and applicable agencies.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$1,598,888 Active
0 Bed(s)
0
Baths
1,645 sqft

Presented By Desert Lifestyle Properties

Agent Image
Get in touch today! Phone: 1-760-818-7518
Brokerage
Ramin Favakehi, Broker
1-949-929-2630
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

NHO North Hollywood | Los Angeles County |

$ 1,598,888
This listing is play_arrow 618.6% higher than the average in the area
$ 222,500 in the area
1,645 SqFt
This listing is play_arrow 28.8% larger than the average in the area
1,278 SqFt in the area
$ 972 $/SqFt
This listing is play_arrow 204.5% more than the average in the area
$ 319 $/SqFt in the area
62 days on site
This listing is play_arrow 26.2% below the average in the area
84 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School
Listed By Ramin Favakehi
Brokerage: Ramin Favakehi, Broker

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Desert Lifestyle Properties

By submitting, you agree to receive promotional texts and/or calls from Desert Lifestyle Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
Real Estate Links Our Domains