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5327 Riverton 

NoHo Arts
District Land

An 8,100 square foot, flat LAR 3 (Tier 3 TOC) lot in prime NoHo Arts, adjacent to Toluca Woods. This SB-8 exempt property is being delivered with approved, stamped plans for an exquisite 8-unit project containing six 3 bedroom, 3 bathroom 2-story units and two 2 bed, 2 bathroom + den units. NON-RENT CONTROLLED! 

List Price:
Lot Size:
Zoning:
Price/Lot SF: 

Existing Bldg:
SB-8:
RTI Plans:

Highlights:

$1,395,000
8,100 sqft
LAR3
$172.22
Already Demolished SFR
Exempt
6x 3b/3b
2x 2b/2b + Den
No rent control on future project
SB-8 exempt
Delivered with plans for 8 units
Build up to 17 units
House already demolished
Prime NoHo Arts location
Minutes from Toluca Lake
Ideal lot dimensions of 60'x135'
No relocations needed
Hottest rental market in the Valley

Click to View Photos

The Neighborhood

< 10-Minute Walk

Fatburger, East Valley High School, Oxnard Street Elementary, Eat That Burger, Aki Shabu, Club Cobra, The Good Nite, Evolution Studios, Hayatt’s Kitchen, LaValle's Actor's Workshop, The Group Repertory Theater, McDonald's

< 10-Minute Drive

Amazon Fresh, The Federal, Laemmle NoHo 7, 24 Hour Fitness, Teapop, Player One, Orange Theory Fitness, WeWork, Lawless Brewing, In-N-Out Burger, Dave’s Hot Chicken, El Portal Theater, Magnolia Park, Porto’s, the Chandler Bike Path, Tujunga Village

< 10-Minute Uber Ride

The Front Yard, Black Market Liquor Bar, Firefly, Aroma Cafe, The Thirsty Merchant, NoHo West, Target, Trader Joe’s, Bea Bea’s, Don Cuco’s, Warner Brothers Studio Tour Hollywood, Lakeside Golf Club, Costco, Empire Center, Roosevelt Elementary School

Video
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Submit your offers now!

  • Huge (8,100 SF) flat lot

  • LAR3 + Tier 3 TOC. Build between 10 and 17 units!

  • Delivered with already approved plans for a pride-of-ownership 8-unit building. Start construction tomorrow!

  • Already demolished- a major expense saved!

  • SB-8 exempt

  • No rent control on the future project

  • Ideal lot dimensions of 60’ x 135’

  • Nearby new constructions in escrow for over $800,000 per door

  • Located in the ultra-trendy NoHo Arts District, the hottest rental market in the Valley

  • Half a mile from the neighborhood’s hub of Lankershim and Magnolia

  • Blocks from upscale Toluca Woods and Toluca Terrace

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