5315 Riverton Avenue, North Hollywood, CA 91601

North Hollywood
Local realty services provided by:ERA Donahoe Realty
5315 Riverton Avenue,North Hollywood, CA 91601
$2,000,000
  • 0.25 Acres
  • Lots / Land
  • Active
Listed by: filip niculete, glen scher
Office: marcus & millichap818-212-2700
MLS#:26720329
Source:CRMLS

Price summary

  • Price:$2,000,000

About this home

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 approved plans for a 27-unit residential building offering an efficient and modern unit mix designed to capture strong market rents. All major entitlements have been secured, including LADWP approval to...

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Home facts

  • Listing ID #:26720329
  • Added:65 day(s) ago
  • Updated:June 19, 2026 at 10:54 AM

Structure and exterior

  • Lot area:0.25 Acres

Finances and disclosures

  • Price:$2,000,000
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