Search
5254 Riverton Ave, North Hollywood, CA 91601
View Photos

5254 Riverton Ave North Hollywood, CA 91601

$1,300,000 Sold Price as of 10/15/2020
  • 5 Beds
  • 4 Baths
  • -- Sq.Ft.
Sold
$1,300,000 Sold Price as of 10/15/2020 Refinance Your Mortgage
Map preview of 5254 Riverton Ave, North Hollywood, CA 91601

Property Overview: 5254 Riverton Ave North Hollywood, CA has 5 bedrooms, 4 bathrooms, -- living square feet and 8,109 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Attention developers & Investors: qualified opportunity zoned development opportunity. Currently a 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.

Listed by Bryce Lowe | BRE #01918939 | Compass
Co-listed by Kirby Gillon | BRE #01960253 | Compass
Last checked: 8 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
8,109
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20625838
City
North Hollywood
County
Los Angeles
Time on Site
1326 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5254 Riverton Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 2416024002
Location / Neighborhood
Location Information
  • Directions: W. of Cahuenga & Just North of Magnolia Cross Streets: Magnolia Blvd.
View more facts & features

Local North Hollywood Agent

Sale History for 5254 Riverton Ave

Last sold on November 6th, 2020

  • November, 2020

  • Nov 13, 2020

    Date

    Sold

    CRMLS: 20625838

    $1,300,000

    Price

  • Sep 14, 2020

    Date

    Pending

    CRMLS: 20625838

    $1,325,000

    Price

  • Sep 9, 2020

    Date

    Price Change

    CRMLS: 20625838

    $1,325,000

    Price

  • Aug 31, 2020

    Date

    Active

    CRMLS: 20625838

    $1,285,000

    Price

  • November, 2020

  • Nov 6, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2020

  • Oct 15, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,300,000

    Price

  • August, 2020

  • Aug 31, 2020

    Date

    Active

    CRMLS: 20611262

    $1,285,000

    Price

  • Aug 20, 2020

    Date

    Pending

    CRMLS: 20611262

    $1,285,000

    Price

  • Jul 31, 2020

    Date

    Active

    CRMLS: 20611262

    $1,285,000

    Price

  • Listing provided courtesy of CRMLS

    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.

  • August, 2019

  • Aug 4, 2019

    Date

    Expired

    CRMLS: 19476490

    $1,455,000

    Price

  • Jun 11, 2019

    Date

    Active

    CRMLS: 19476490

    $1,455,000

    Price

  • Listing provided courtesy of CRMLS

    Super prime, located in North Hollywood Arts District. Up and coming area is surrounded by new development, as well as the iconic NoHo West by Caruso. Project is Zoned R3-1VL. Property is also located in the Opportunity Zone (QOZ), where major tax breaks are offered for a long term build and holds. Project is also a Tier 1 TOC (subject to CRA Approval) Current owner has expired plans for 10 Units. 4 Large town homes with 6 condos. Current structure is a Vacant & boarded Triplex. Demo permits approved. Full plans are available for new buyer, please contact listing agent for full plans.

  • May, 2019

  • May 18, 2019

    Date

    Expired

    CRMLS: 19461538

    $1,455,000

    Price

  • May 2, 2019

    Date

    Active

    CRMLS: 19461538

    $1,455,000

    Price

  • Listing provided courtesy of CRMLS

    Attn developers & Investors: 5254 Riverton Ave, North Hollywood is currently a vacant 4-plex with plans to build 10 units on a 8,109 SqFt lot, located adjacent to NOHO Arts District, priced at $1,455,000. May resubmit plans and build 17 units with the following unit mix: 14 1+1 and 3 2+2. The location and financial incentives are prime as it is located in an Opportunity Zone (tax and density incentives), and approximately 1.5 miles from Metro. It is walking distance to businesses, shops, restaurants, and entertainment. Just minutes from Toluca Lake and Burbank with easy access to freeways 101/134/170. 10 unit mix: 4 2-bed +2-bath, 4 2-bed +2.5 bath, 2 2-bed +2 bath & loft, all with subterranean parking. Stable, predictable cash flow in a prime area of growth and appreciation. Cash cow - Upon completion cap rate is approximately 6.49%! This one will go fast! Notes: 1) Photo is an illustration, completed property may look different from photo; 2) SqFt of bldg and lot obtaine

  • December, 2018

  • Dec 4, 2018

    Date

    Expired

    CRMLS: 18350920

    $1,550,000

    Price

  • Sep 7, 2018

    Date

    Withdrawn

    CRMLS: 18350920

    $1,550,000

    Price

  • Aug 29, 2018

    Date

    Price Change

    CRMLS: 18350920

    $1,550,000

    Price

  • Aug 1, 2018

    Date

    Price Change

    CRMLS: 18350920

    $1,615,000

    Price

  • Jun 4, 2018

    Date

    Active

    CRMLS: 18350920

    $1,785,000

    Price

  • Listing provided courtesy of CRMLS

    8,109 sq. ft. with 60 feet of frontage R3-1VL (Tier 1 TOC) 17 Unit by right Development opportunity located in the heart of the NOHO Arts District. Walking distance to the Magnolia and Vineland commercial corridor. Currently a vacant 4 unit property.

  • December, 2017

  • Dec 1, 2017

    Date

    Expired

    CRMLS: 317006367

    $1,495,000

    Price

  • Sep 13, 2017

    Date

    Active

    CRMLS: 317006367

    $1,495,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing chance to build a multi-unit apartment! Approved to build 10 units, plans will be transferred and delivered at the close of escrow. Located in between Toluca Woods and the North Hollywood Arts District this opportunity will not last! Easy access to the 134, 170 and 101 freeways, popular shopping, dining and entertainment! On over an 8,000-square foot lot, the possibilities can be endless!

Show More

Tax History for 5254 Riverton Ave

Assessed Value (2020): $1,114,526
Year Land Value Improved Value Assessed Value
2020 $975,249 $139,277 $1,114,526

Home Value Compared to the Market

This property vs the competition

5254 Riverton Ave sold on October 15, 2020 for 56.8% higher than the current median sold price for the city of North Hollywood which is $845,000.

About 5254 Riverton Ave

Detailed summary of property

5254 Riverton Ave is a multi family that recently sold in North Hollywood, CA 91601. This multi family property offered 5 bedrooms, 4 bathrooms, roughly -- living square feet, and sits on an approximately 8,109 square foot lot. 5254 Riverton Ave was first listed on ArdentRealEstateGroup.com on August 31, 2020. The homeowner sold the property for $1,300,000. Home in North Hollywood are selling for a median price of $845,000 and a median price per square foot of $555. Based on Ardent Real Estate Group's North Hollywood Market Data, this home is sold 56.8% higher than the current median priced home. Local homes that are currently for sale include 1423 N Alexandria Ave, 5415 Monroe St and 1223 N Normandie Ave. While the average home in North Hollywood, CA is selling in 85 days, 5254 Riverton Ave has a days on market of 14 days. There are currently 132 homes for sale in the North Hollywood real estate market and 102 of them are single family homes while 23 of them are condos and 7 are townhomes. For more information on this home for sale at 5254 Riverton Ave North Hollywood, CA 91601 contact Ardent Real Estate Group and we will put you in touch with one of our North Hollywood agents.

Public Facts for 5254 Riverton Ave

Public county record property details
Beds
5
Baths
4
Year built
1930
Sq. Ft.
2,397
Lot Size
8,109
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
34
APN
2416-024-002

The source for these homes facts are from public records.

91601 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,000
Median List Price/Sq.Ft.
$701
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$517
Total Inventory
31
Median Sale to List Price %
99.39%
Avg Days on Market
17
Loan Type
Conventional (30%), FHA (10%), VA (0%), Cash (20%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 5254 Riverton Ave

Nearby Homes for Sale

3456 Oak Glen Dr, Los Angeles, CA 90068
$1,359,000
3 Beds
3 Baths
1919 Sq.Ft.
3456 Oak Glen Dr
Los Angeles, CA 90068
3319 Primera Ave, Los Angeles, CA 90068
$1,379,000
4 Beds
4 Baths
1764 Sq.Ft.
3319 Primera Ave
Los Angeles, CA 90068
8968 W Wonderland Ave, Los Angeles, CA 90046
$1,489,000
3 Beds
3 Baths
2517 Sq.Ft.
8968 W Wonderland Ave
Los Angeles, CA 90046
951 N Martel Ave, Los Angeles, CA 90046
$1,435,000
4 Beds
2 Baths
2058 Sq.Ft.
951 N Martel Ave
Los Angeles, CA 90046
6091 Harold Way, Los Angeles, CA 90028
$1,249,000
3 Beds
2 Baths
1804 Sq.Ft.
6091 Harold Way
Los Angeles, CA 90028
847 N Cherokee Ave, Los Angeles, CA 90038
$1,350,000
2 Beds
2 Baths
1412 Sq.Ft.
847 N Cherokee Ave
Los Angeles, CA 90038
5851 La Mirada Ave, Los Angeles, CA 90038
$1,350,000
6 Beds
2 Baths
2118 Sq.Ft.
5851 La Mirada Ave
Los Angeles, CA 90038
5670 Lexington Ave, Los Angeles, CA 90038
$1,125,000
6 Beds
4 Baths
3278 Sq.Ft.
5670 Lexington Ave
Los Angeles, CA 90038
1537 N Kingsley Dr, Los Angeles, CA 90027
$1,499,000
4 Beds
2 Baths
2086 Sq.Ft.
1537 N Kingsley Dr
Los Angeles, CA 90027
5228 De Longpre Ave, Los Angeles, CA 90027
$1,280,000
2 Beds
2 Baths
1118 Sq.Ft.
5228 De Longpre Ave
Los Angeles, CA 90027
Open Sun 1pm-4pm
971 N St Andrews Pl, Los Angeles, CA 90038
$1,149,000
3 Beds
2 Baths
2245 Sq.Ft.
971 N St Andrews Pl
Los Angeles, CA 90038
5437-5439 Lemon Grove Ave, Los Angeles, CA 90038
$1,100,000
4 Beds
3 Baths
2488 Sq.Ft.
5437-5439 Lemon Grove Ave
Los Angeles, CA 90038

Recently Sold Homes Near 5254 Riverton Ave

5654 Elmer Ave, Los Angeles, CA 91601
$2,800,000 Last Sold Price
64 Beds
70 Baths
8066 Sq.Ft.
5654 Elmer Ave
Los Angeles, CA 91601
6228 Cahuenga Blvd, Los Angeles, CA 91606
$1,340,000 Last Sold Price
6 Beds
4 Baths
-- Sq.Ft.
6228 Cahuenga Blvd
Los Angeles, CA 91606
10631 Whipple St, Los Angeles, CA 91602
$1,400,000 Last Sold Price
20 Beds
16 Baths
4000 Sq.Ft.
10631 Whipple St
Los Angeles, CA 91602
3936 Kentucky Dr, Los Angeles, CA 90068
$1,800,000 Last Sold Price
6 Beds
6 Baths
4253 Sq.Ft.
3936 Kentucky Dr
Los Angeles, CA 90068

Related Resources to 5254 Riverton Ave

New Listings in 91601
Popular Zip Codes
Popular Cities
Other North Hollywood Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Refi Quote