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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. ________________________________________
Property Type(s):
Lot/Land/Acreage
| Last Updated | 2/17/2026 | Year Built | 0 |
|---|---|---|---|
| Community | NHO - North Hollywood | County | Los Angeles |
Additional Details
| AREA | NHO - North Hollywood |
|---|---|
| LOT | 8111 sq ft |
| LOT DIMENSIONS | 8112 |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Coldwell Banker Hallmark
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