Property Details
About this Property
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. ________________________________________
MLS Listing Information
MLS #
CRGD26036124
MLS Source
California Regional MLS
Days on Site
21
Parking, School, and Other Information
HOA Fee
$0
Zoning
D0
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
5254 Riverton is in North Hollywood, CA 91601. This Land is currently priced at $2,200,000. This address can also be written as 5254 Riverton, North Hollywood, CA 91601.
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This listing information is up-to-date as of February 19, 2026. For the most current information, please contact Vahik Beglarian
