$2,200,000

5254 Riverton, North Hollywood, CA 91601

Land
Built in ——
8,111sqft lot
—— car garage
$——/sqft
Listed 3 months ago

Property Description

Pleased to present 5254 Riverton Avenue, A rare RTI development opportunity in the highly desirable North Hollywood's Arts District. The property consists of an 8,109 SF flat LAR3 lot (Tier 3 TOC) with 60 frontage and 135 depth. SB-8 exempt. Approved plans for a 4-story, 16,491 Rentable SF apartment building featuring: 7 one-bedroom / one-bath units (725825 SF) 7 large one-bedroom / two-bath units (approx. 970 SF) 1 large two-bedroom / two-bath unit (approx. 1,000 SF) Unit layouts allow potential conversion of open areas into additional bedroom/den space, enhancing rental upside. Plans include 17 on-site parking spaces. Ownership will deliver with permits ready to issue upon payment of fees true shovel-ready opportunity. Prime walkable location near retail, dining, and entertainment. Easy access to 101 & 134 Freeways and the nearby Universal/Studio City station with direct service to Downtown Los Angeles. ________________________________________

Listing Status:: Active
Date Added:: February 16, 2026
Data Last Updated:: May 20, 2026 at 8:12PM
Listing Office:: Coldwell Banker Hallmark : 818-476-3000
Listing Agent:: Vahik Beglarian : 818-203-5471
MLS ID:: GD26036124

HOA Amenities: 0.0
Originating MLS: California Regional MLS
County: Los Angeles

Zoning: 2416024002

Source: California Regional MLS

This listing courtesy of Vahik Beglarian , Coldwell Banker Hallmark

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Property Taxes $
Home Insurance $
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