$1,285,000

5254 Riverton Avenue

North Hollywood CA, 91601

Description

Attention developers & Investors: qualified opportunity zoned development opportunity. Currently a vacant 4-plex with EXPIRED plans to build 10-units on a 8,109 Sq ft lot in NoHo Arts District. Per city, current zoning is R3-1VL. Near the NoHo Metro Station, Arts District and Farmers Market. Build 10 - 3 Bedroom + 2.5 Baths two level units or condos with unit square footage ranging from 1,300-1400 sq. ft. with roof top deck, 4 stories and garage parking for 14 cars or may resubmit plans can build up to 13 units, inclusive of 3 low income units. However, buyer should do their own due-diligence. ***Note: first photo is an illustration, completed property may different from conceptual photo.

Details

MLS#20611262
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1930
Days On Site216

Features

Bed(s)5
Bath(s) 4 Total
SQ Feet2,397
Water FrontNo
Property ViewNo
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Area Information
StateCA
CountyLos Angeles
CityNorth Hollywood
Zip Code91601
AreaNHO - North Hollywood
Listing VS Median (in 91601)
Price:
$1,285,000
low | high
Med:
$3,798
100% of Average
SqFt:
2,397
low | high
Med:
1,494
87.672090112641% of Average
$ / SqFt:
$536
low | high
Med:
$3
100% of Average
On Site:
216
low | high
Med:
69
100% of Average
Sourced by Back At You
Listing Updated: February 25, 2021 3:47:31 PM PST
Bryce Lowe LogoMLS Number: 20611262
Listing Provided By:
Bryce Lowe  of  Compass
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