5315 Riverton Avenue, North Hollywood, CA 91601
descripción de propiedad
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!
Detalles de la propiedad
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MLS Source Origin: California Regional MLS
Equal Housing Opportunity. Based on information from California Regional Multiple Listing Service, Inc. as of 3/26/2025, 8:36:35 PM EST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
MLS Source Origin: California Regional MLS
Equal Housing Opportunity. Based on information from CRISNet MLS as of 3/26/2025, 8:36:35 PM EST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS.. Information being provided is for the consumers personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.