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5327 Riverton Avenue, North Hollywood, CA 91601

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For Sale

$1,295,000

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

Explore this Property

The Land Specialists are pleased to present 5327 Riverton Ave, an exceptional opportunity to build a new 6-unit development or up to 10 units by right in the heart of the North Hollywood Arts District, one of LA s fastest-growing and most in-demand neighborhoods. This SB-8 exempt, non rent-controlled, LAR3-zoned lot is a rare find in today s landscape, offering developers a streamlined path forward with no tenant relocation or replacement unit requirements saving both time and capital. Delivered RTI with plans for six thoughtfully designed townhomes, the current design includes two oversized 3-bedroom, 3.5-bath units and four spacious 2-bedroom, 2.5-bath units. Each features open layouts, en-suite bathrooms, in-unit laundry, and dedicated parking ideal for today s renter. Prefer to bring your own plans? With LAR3 zoning and SB-8 exemption, developers can build up to 10 units by right a unique value-add opportunity. Located steps from The Laemmle Theatre, The Federal Bar, Chandler Bike Path, and the newly developed NoHo West hub home to Trader Joe s, boutique fitness studios, and curated retail this site offers unbeatable walkability in a red-hot submarket. With very few SB-8 exempt properties left, this is a rare plug-and-play opportunity in a high-growth corridor. Call now before this one gets snatched up.
MLS# BB25167518

Courtesy Of Myunits.com

(844) 698-6487

Property Features

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Directions to 5327 Riverton Avenue, North Hollywood, CA 91601

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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