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$2,200,000

  • For Sale
  • Active
  • Lots/Land
  • 0.1862 Acres
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Pleased to present 5254 Riverton Avenue, A rare RTI development opportunity in the highly desirable North Hollywood's Arts District. The property consists of an 8,109 SF flat LAR3 lot (Tier 3 TOC) with 60' frontage and 135' depth. SB-8 exempt. Approved plans for a 4-story, 16,491 Rentable SF apartment building featuring: •7 one-bedroom / one-bath units (725-825 SF) •7 large one-bedroom / two-bath units (approx. 970 SF) •1 large two-bedroom / two-bath unit (approx. 1,000 SF) Unit layouts allow potential conversion of open areas into additional bedroom/den space, enhancing rental upside. Plans include 17 on-site parking spaces. Ownership will deliver with permits ready to issue upon payment of fees - true shovel-ready opportunity. Prime walkable location near retail, dining, and entertainment. Easy access to 101 & 134 Freeways and the nearby Universal/Studio City station with direct service to Downtown Los Angeles. ________________________________________

Full Property Details for 5254 Riverton

General

  • Price: $2,200,000
  • Status: Active
  • Type: Lots/Land
  • Source: MRMLS
  • MLS ID: GD26036124
  • Updated: 2/19/2026
  • Days on Market: 46 days
  • Added to Site: 46 day(s) ago

Location

  • Area: NHO - North Hollywood
  • County: Los Angeles
  • Development Name: NHO - North Hollywood
  • Driving Directions: South of Magnolia Blvd, East of Vineland Ave
  • Dist. to Beach: Utilities (Miles)

Utilities

  • Water: Public
  • Dist. to Water: Utilities

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.1862
  • Lot Size (Sq. Ft.): 8,112
  • Lot Size Source: Assessor
  • Zoning: LAR-3
  • Lot Description: Sidewalks, Street Lights

Financial Considerations

  • Price Per Sq. Ft.: $271.2

Listed by Coldwell Banker Hallmark, Vahik Beglarian

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Listing agent

— 5254 Riverton —

  • Vahik Beglarian

    Coldwell Banker Hallmark

818-203-5471

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5254 Riverton

School District:Los Angeles Unified School District
NameGradesDistance
Toluca Lake Elementary School
4840 Cahuenga Blvd., Los Angeles, CA 91601
PK-50.5 mi
Walter Reed Middle School
4525 Irvine Ave., Los Angeles, CA 91602
6-81.5 mi
East Valley Senior High School
5525 Vineland Ave., Los Angeles, CA 91601
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5254 Riverton Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Listed
$2,200,000
69.23%
MLS
10/06/2020
Sold
$1,300,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5254 Riverton

Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,244
3%
$1,407,421
4%
2023
$16,751
5%
$1,352,780
2%
2022
$15,977
1%
$1,326,260
2%
2021
$15,782
14%
$1,300,260
17%
2020
$13,873
4%
$1,114,526
2%
2019
$13,329
1%
$1,092,419
2%
2018
$13,151
-5%
$1,071,000
2%
2017
$13,914
464%
$1,050,000
478%
2016
$2,466
1%
$181,596
2%
2015
$2,434
-1%
$178,870
2%
2014
$2,470
—
$175,367
—
2013
$2,470
—
$174,576
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Coldwell Banker Hallmark, Vahik Beglarian

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5254 Riverton, North Hollywood, CA 91601 (MLS# GD26036124) is a Lots/Land property with a lot size of 0.1862 acres. 5254 Riverton is currently listed for $2,200,000 and was received on February 17, 2026. Want to learn more about 5254 Riverton? Do you have questions about finding other Lots/Land real estate for sale in North Hollywood? You can browse all North Hollywood real estate or contact a Coldwell Banker agent to request more information.

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