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5254 Riverton

North Hollywood, CA 91601
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SqFt8,112

Sqft(Lot)

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 (725–825 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 e ntertainment. Easy access to 101 & 134 Freeways and the nearby Universal/Studio City station with direct service to Downtown Los Angeles. ________________________________________

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Detail Ic Property Details

Property Type : Land

Price : $2,200,000

AD Id : 75415565

MLS Id : GD26036124

Lot Size : 8,112 Sqft(Lot)

County : Los Angeles

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  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1862
  • Lot Size Source: Assessor Lot Size Square Feet: 8112

  • Listing Price Information

    Original List Price: 2,200,000 Listing Contract Date: 2026-02-16
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 2416024002

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: NHO - North Hollywood Directions: South of Magnolia Blvd, East of Vineland Ave Zoning: LAR-3 Source Property Type: Land Area: NHO - North Hollywood
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5716 Willowcrest, North Hollywood, CA, 91601 $899,000 -- -- -- 6,761 Sqft(Lot)
5315 Riverton Avenue, North Hollywood, CA, 91601 $2,000,000 -- -- -- 10,799 Sqft(Lot)
10821 Magnolia Boulevard, North Hollywood, CA, 91601 $4,800,000 -- -- -- 5,522 Sqft(Lot)
10808 Hartsook Street, North Hollywood, CA, 91601 $1,350,000 -- -- -- 6,730 Sqft(Lot)
5926 Lemp Avenue, North Hollywood, CA, 91601 $1,100,000 -- -- -- 6,631 Sqft(Lot)
5922 Lemp Avenue, North Hollywood, CA, 91601 $1,100,000 -- -- -- 6,613 Sqft(Lot)
5444 Camellia Avenue, North Hollywood, CA, 91601 $1,449,000 -- -- -- 6,587 Sqft(Lot)

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ByOwner last updated this listing 06/10/2026 @ 21:02

MLS: GD26036124 LISTED BY: Vahik Beglarian, Coldwell Banker Hallmark 818-476-3000 SOURCE: CRMLS

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