5327 Riverton Avenue
North Hollywood, CA 91601

$950,000 (Pending)

Beds: 3
Baths: 2
Sq. Ft.: 1,978
Type: Single Family Home
Listing #BB18032760
5327 Riverton Ave is a single family residence on 8,100 square feet of land with R3 zoning! What does this mean? By right, you can build one unit per 800 square feet of land! That comes out to 10 units (buyer must do their own due diligence, seller and agent make no guarantees). 5327 Riverton Ave is located in the heart of the outrageously trendy NoHo Arts District. It is half a mile from the neighborhood's hub at Lankershim and Magnolia. It's also just blocks away from the upscale neighborhoods of Toluca Lake and Toluca Woods.This is the ideal opportunity to develop a hugely profitable apartment, condominium or small lot project. As the lot is currently home to a single family residence, there is no need to deal with rent control or relocations! Act immediately. For $950,000, this development deal will be gone before you know it.
Property Features
Location Information
County: Los Angeles
MLS Area: North Hollywood
Community: Curbs, Street Lighting
Directions: On Riverton between Magnolia and Chandler
Interior Features
Common Walls: No Common Walls
Windows/Doors Description: Doors: , Windows:
Rooms: See Remarks
Full Baths: 2
Has Fireplace: yes
Fireplace Description: See Remarks
Heating: Central Furnace
Cooling: See Remarks
Laundry: See Remarks
Entry: 1
Exterior Features
Stories: One
Is New Construction: No
Water Source: Public
Has Garage: yes
Garage Spaces: 1
Parking Spaces: 1
Has a Pool: yes
Pool Description: Private, See Remarks
Lot Description: Value In Land
Lot Size in Acres: 0.186
Approximate Size (Sq. Ft.): 1, 978
Lot Size in Sq. Ft.: 8, 100
Zoning: LAR3
Has View: yes
View Description: Neighborhood
Is One Story: yes
School
School District: Los Angeles Unified
Additional Information
Property Type: SFR
Property SubType: Single Family Residence
Year Built: 1938
APN: 2416011005
Status: Pending
Is Aged Restricted: No
HOA Fee: 0
Lot Square Feet Source: Assessor
List Date: 2018-02-11 00:00:00.0


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Monthly Tax: $
Monthly Insurance: $
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This listing is courtesy of: Elizabeth Maddox The 2-4 Unit Specialists - CA BRE # shown above if in IDX data
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©2018 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 24, 2018 1:25 PM PT The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.