5254 Riverton, North Hollywood, CA 91601
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
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:95 day(s) ago
- Updated:May 24, 2026 at 10:39 AM
Structure and exterior
- Lot area:0.19 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$2,200,000
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