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.
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)
See this Listing
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
- Address5315 Riverton Avenue 2416011026 North Hollywood CA
- AreaNHO – North Hollywood
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91601
Similar Listings Nearby
- 5321 Satsuma Avenue 2416007023
Los Angeles, CA$3,500,000
0.13 miles away
- 6558 Woodman Avenue 2329002010
Van Nuys, CA$3,500,000
4.04 miles away
- 1771 N Crescent Heights Boulevard 5556025007
Los Angeles, CA$3,495,000
4.44 miles away
- 2381 Sunset Plaza Drive 5563032009
Los Angeles, CA$3,200,000
4.35 miles away
- 6101 Mulholland Highway 5581015007
Los Angeles, CA$3,200,000
3.58 miles away
- 2686 Zorada Drive 5569020049
Los Angeles, CA$2,990,000
3.32 miles away
- 6948 N Woodman Avenue 2328010025
Van Nuys, CA$2,980,000
4.25 miles away
- 1753 Viewmont Dr 5558016050
Los Angeles, CA$2,700,000
4.57 miles away
- 5150 Riverton Avenue 2419009019
North Hollywood, CA$2,599,984
0.21 miles away
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 2024. California Regional Multiple Listing Service. All rights reserved.
5315 Riverton Avenue 2416011026
North Hollywood, CA
LIGHTBOX-IMAGES