5254 Riverton, North Hollywood, CA 91601

North Hollywood
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
5254 Riverton,North Hollywood, CA 91601
$2,200,000
  • 0.19 Acres
  • Lots / Land
  • Active
Listed by: vahik beglarian
Office: coldwell banker hallmark818-476-3000
MLS#:GD26036124
Source:CRMLS

Price summary

  • Price:$2,200,000

About this home

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 entertainment. Easy access to 101 & 134 Freeways and the nearby Universal/Studio City station with direct service to Downtown Los Angeles. ________________________________________

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Home facts

  • Listing ID #:GD26036124
  • Added:74 day(s) ago
  • Updated:May 03, 2026 at 10:43 AM

Structure and exterior

  • Lot area:0.19 Acres

Utilities

  • Water:Public

Finances and disclosures

  • Price:$2,200,000
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