5315 Riverton Avenue 2416011026
North Hollywood, CA, 91601
$2,800,000
Beds
0 Baths
SqFt
0.25 Acres
Add
Almost ready to issue permits. Please refer to the attached supplement for the most current project approvals.– approximately 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 29,801 gross livable 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.

Property Details

Price:
$2,800,000
MLS #:
OC24229901
Status:
Active
Baths:
0
Address:
5315 Riverton Avenue 2416011026
Type:
Land
Neighborhood:
nhonorthhollywood
City:
North Hollywood
Listed Date:
Nov 7, 2024
State:
CA
ZIP:
91601
Lot Size:
10,800 sqft / 0.25 acres (approx)
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Exterior

Community Features
Curbs
Lot Features
Lot 10000-19999 Sqft
View
None
Water Source
Public

Financial

Association Fee
0.00

Map

Community

Similar Listings Nearby

5315 Riverton Avenue 2416011026
North Hollywood, CA