5315 Riverton Avenue
North Hollywood, CA 91601
10,799Sqft(Lot)
We are pleased to present 5321 Riverton Avenue, a premier entitled multifamily development opportunity located in the heart of North Hollywood, one of Los Angeles' fastest-growing rental submarkets. Positioned within a federally designated Opportunity Zone and benefiting from Transit Oriented Communities (TOC) Tier 3 incentives, the project offers investors a rare opportunity to acquire a high-density, institutional-quality development with approvals in place, significantly reducing entitlement risk and accelerating the path to construction. The property is surrounded by significant ongoing development, strong rental demand, and continued public and private investment, making it an ideal long-term hold or build-to-core strategy.This prime 10,799 SF lot will be delivered entitled with appro
Property Details
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Features
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Bathroom Information
Total Baths: 0 Full Baths: 0 Half Baths: 0
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2479 -
Lot Size Source: Assessor Lot Size Square Feet: 10799
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Listing Price Information
Original List Price: 2,000,000 Listing Contract Date: 2026-03-30 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 2416011026
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Other Property Info
Source Listing Status: Active Source Neighborhood: NHO - North Hollywood Postal Code Plus 4: 3336 Directions: North of Magnolia and South of W Chandler Blvd. Zoning: LAR3 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 | $875,000 | -- | -- | -- | 6,761 Sqft(Lot) |
| 5254 Riverton, North Hollywood, CA, 91601 | $2,200,000 | -- | -- | -- | 8,112 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 06/17/2026 @ 03:54
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