5327 Riverton Ave is an exceptional opportunity to build a new 6-unit development — or up to 10 units by right — in the heart of the North Hollywood Arts District, one of LA’s fastest-growing and most in-demand neighborhoods. This SB-8 exempt, non–rent-controlled, LAR3-zoned lot is a rare find in today’s landscape, offering developers a streamlined path forward with no tenant relocation or replacement unit requirements—saving both time and capital. Delivered RTI with plans for six thoughtfully designed townhomes, the current design includes two oversized 3-bedroom, 3.5-bath units and four spacious 2-bedroom, 2.5-bath units. Each features open layouts, en-suite bathrooms, in-unit laundry, and dedicated parking — ideal for today’s renter. Prefer to bring your own plans? With LAR3 zoning and SB-8 exemption, developers can build up to 10 units by right — a unique value-add opportunity. Located steps from The Laemmle Theatre, The Federal Bar, Chandler Bike Path, and the newly developed NoHo West hub — home to Trader Joe’s, boutique fitness studios, and curated retail — this site offers unbeatable walkability in a red-hot submarket. With very few SB-8 exempt properties left, this is a rare plug-and-play opportunity in a high-growth corridor. Call now before this one gets snatche
MLS #
CRBB25167518
MLS Source
California Regional MLS
Days on Site
26
HOA Fee
$0
Zoning
LSR
Listing Agent
Lauren Cearley
Myunits.com Inc.
License #: 02146823
Phone: –
Co-Listing Agent
Cheyenne Womack
Myunits.com Inc.
License #: 02064825
Phone: (805) 973-7470
5327 Riverton Ave is in North Hollywood, CA 91601. This Land is currently priced at $1,295,000.
This address can also be written as 5327 Riverton Ave, North Hollywood, CA 91601.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 25, 2025. For the most current information, please contact Lauren Cearley