5254 Riverton North Hollywood, CA 91601
Listing Courtesy of: CRMLS / Coldwell Banker Hallmark Realty / Vahik Beglarian - Contact:  818-203-5471

  5254 Riverton North Hollywood, CA 91601

Active (4 Days)
$2,200,000 (USD)

Description

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.

________________________________________

MLS #:
GD26036124
Lot Size
8,112 SQFT
Type
Land
County
Los Angeles County

Listed By

Vahik Beglarian, Coldwell Banker Hallmark Realty, Contact: 818-203-5471
Source
CRMLS
Last checked Feb 22 2026 at 5:27 AM GMT+0000
Bathroom Details
Lot Information
  • 0-1 Unit/Acre
Utility Information
  • Utilities: Water Source: Public
Additional Information: Hallmark Realty | 818-203-5471
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.