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SingleFamilyResidence at 5315 Riverton Avenue
$1,598,888
5315 Riverton Avenue
North Hollywood, Los Angeles, 91601
SingleFamilyResidence
Active · 1 days on market

Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type
SingleFamilyResidence
Bedrooms
2
Building size
1,645 sqft
Lot size
10,800 sqft
Year built
1935
Stories
1
Garage spaces
2
Cooling
None
Pool
None
View
None
Status
Active
Days on market
1
MLS #
244849080

About this property

Prime North Hollywood development opportunity on an approximately 10,805 SF R3-1VL lot with approved plans for a 27-unit residential project consisting of 22 apartment units and 5 ADUs. The proposed development includes a five-story building with subterranean parking, approximately 31,622 SF of gross building area, and 23 on-site parking spaces. The property is currently improved with two residential structures and a detached garage/storage building. Located within a Tier 3 Transit Oriented Communities (TOC) area. Buyer to verify all zoning, approvals, permits, development standards, TOC incentives, square footage, and all information with the City of Los Angeles. Buyer is advised to independently verify all zoning, approvals, permits, development potential, square footage, TOC incentives, affordable housing requirements, and all other information with the City of Los Angeles and applicable agencies.

Location

5315 Riverton Avenue

North Hollywood, Los Angeles, CA, 91601

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

5315 Riverton Ave, North Hollywood CA | Multifamily for Sale