5254 Riverton, North Hollywood, CA 91601
Local realty services provided by:CENTURY 21 Coastal Properties
5254 Riverton,North Hollywood, CA 91601
$2,200,000
- 0.19 Acres
- Lots / Land
- Active
Listed by: vahik beglarian
Office: coldwell banker hallmark
MLS#:GD26036124
Source:CRMLS
Price summary
- Price:$2,200,000
About this home
Pleased to present 5254 Riverton Avenue, Rare RTI development opportunity in the highly desirable North Hollywood 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 net 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:1 day(s) ago
- Updated:February 19, 2026 at 06:20 AM
Structure and exterior
- Lot area:0.19 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$2,200,000
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