There are multiple listings for this address:
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 for two units and pay necessary fees
This is a rare opportunity to create a high-density residential project in one of LA''s most vibrant and rapidly developing neighborhoods. Don''t miss out on this incredible potential!
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 to create a high-density residential project in one of LA''s most vibrant and rapidly developing neighborhoods. Don''t miss out on this incredible potential!
Property Details
Price:
$2,298,888
MLS #:
OC25052806
Status:
Active
Baths:
0
Address:
5315 Riverton Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
nhonorthhollywood
City:
North Hollywood
Listed Date:
Mar 10, 2025
State:
CA
ZIP:
91601
Lot Size:
10,800 sqft / 0.25 acres (approx)
Year Built:
See this Listing
Mortgage Calculator
Schools
School District:
Los Angeles Unified
Interior
Exterior
Community Features
Curbs
Garage Spaces
23.00
Lot Features
Lot 10000-19999 Sqft
Parking Spots
23.00
Pool Features
None
Sewer
Public Sewer
Stories Total
5
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address5315 Riverton Avenue North Hollywood CA
- AreaNHO – North Hollywood
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91601
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Courtesy of Ramin Favakehi, Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.5315 Riverton Avenue
North Hollywood, CA
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 for two units and pay necessary fees
This is a rare opportunity to create a high-density residential project in one of LA''s most vibrant and rapidly developing neighborhoods. Don''t miss out on this incredible potential!
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 to create a high-density residential project in one of LA''s most vibrant and rapidly developing neighborhoods. Don''t miss out on this incredible potential!
Property Details
Price:
$2,298,888
MLS #:
OC25054195
Status:
Active
Beds:
3
Baths:
3
Address:
5315 Riverton Avenue
Type:
Single Family
Subtype:
Apartment
Neighborhood:
nhonorthhollywood
City:
North Hollywood
Listed Date:
Mar 11, 2025
State:
CA
Finished Sq Ft:
1,645
ZIP:
91601
Lot Size:
10,800 sqft / 0.25 acres (approx)
Year Built:
See this Listing
Mortgage Calculator
Schools
School District:
Los Angeles Unified
Interior
Exterior
Community Features
Curbs
Garage Spaces
23.00
Lot Features
Lot 10000-19999 Sqft
Parking Spots
23.00
Pool Features
None
Sewer
Public Sewer
Stories Total
5
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address5315 Riverton Avenue North Hollywood CA
- AreaNHO – North Hollywood
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91601
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