5327 Riverton Ave, NoHo Arts District
8,102 SF Lot in Ultra-Trendy NoHo Arts w/RTI Plans For 6-Units! | Non RSO & SB-8 Exempt
5327 Riverton Ave is an RTI, SB-8 exempt, non–rent-controlled LAR3 lot in the heart of the booming NoHo Arts District. Approved plans include six spacious townhomes, or build up to 10 units by right. No tenant relocation required. Steps from NoHo West, Laemmle Theatre, and more, this is a rare, walkable development site offering speed, flexibility, and strong upside in one of LA’s fastest-growing neighborhoods.
The Important
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$1,295,000
Land
For Sale
0
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8,102 sqft
$159.83
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Yes
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No
Other Features:
SB-8 Exempt, Non Rent Controlled
The Highlights
No rent control on the future project!
SB-8 EXEMPT!
Delivered RTI!!! Get ready to build ASAP.
Large (8,102 SF) flat lot, ideal for a new construction project.
Expertly designed plans using all wood that will be cost-effective to build.
Large bedrooms with oversized closets in some rooms.
No relocations needed! Non-tenant occupied!
Located steps from countless trendy restaurants, shops and mixed-use developments such as The Laemmle Theatre, The Federal Bar, the Chandler Bike Path, and the new NoHo West development featuring Trader Joe’s, boutique fitness studios, and curated retail. With limited SB-8 exempt properties remaining, this is a rare plug-and-play development site in a high-growth corridor.
A mix of large 3 and bedroom units, meaning maximum income.
New construction in this neighborhood commands premium rents and high resale value.
High- demand rental market, attracting entertainment industry professionals, young creatives, and commuters.
The Neighborhood
<15-Minute Walk
The Magnolia Grille, NoBAR, Lawless Brewing Co., Ralphs, Tamashii Ramen House, Amsterdam Café, Amazing Thai Cuisine, Blazing Hot Chicken, The Road Theatre Company, Republic Of Pie, Chandler Bike Path
<15-Minute Drive
NoHo Arts District, The Federal, Amazon Fresh, Eat, Dave's Hot Chicken, Laemmle NoHo 7, 24 Hour Fitness, NoHo West, Porto’s Bakery & Cafe, North Hollywood Park, The Good Nite, Aroma Coffee & Tea Co, Rustic Spoon
<$15 Uber Ride
Disney Studios, Porto's Bakery, Target, Magnolia Park, Vitello's, Bob's Big Boy, Granville, City Kitchen, Tiki No, Humble Bird, Whole Foods, Aeirloom Bakery, Forman's Whiskey Tavern, Jinya Ramen
Contact
Lauren Cearley
213.302.8662
Property Presented By:
