Description
Development Opportunity in North Hollywood - Approved Plans for 22 Residential Units and 5 ADUs An exceptional opportunity awaits developers in the thriving North Hollywood area! This prime 10,803 SF lot comes with approved plans for a 22-unit residential building, along with 5 recreational ADU units. All necessary approvals have been secured, including LADWP's approval to serve the project, and the development will be delivered with fully approved MEP plans. The property, which spans 10,805 square feet (0.248 acres), offers approximately 80 feet of frontage on North Riverton Avenue and a depth of around 135 feet. Currently, the site includes two residential buildings and a garage/storage structure. Zoned R3-1VL, TIER 3, and located within a State Enterprise Zone. Key Features: Approved plans for a 22-unit residential building and 5 recreational ADUs, one on each floor Building height of 56 feet, with five residential floors and subterranean parking Total development space of approximately 31,622 square feet (FAR of 4.3:1) Unit mix includes 3 one-bedroom units, 17 two-bedroom units, and 2 three-bedroom units 23 on-site parking spaces Buyer required to record the low-income covenant in their name for two units, pay necessary fees, and obtain the permit t
Details
Type:
Land Sale
Subdivision: 699 - Not Defined
County: Los Angeles
Days on Market: 1
AltCal ID: CROC25041694
Property Type: Lots Sale
Sub Type: Other Residential Land
View: None
Water: District - Public
Show More
Interactive
34.167221
-118.365364
$2,298,888
OC25041694
Mortgage Calculator
Based on information from the MLSListings MLS) as of 2/26/2025. 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.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS) as of 2/26/2025. 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.
©2025 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes
