5254 Riverton Avenue,  North Hollywood CA, 91601 (Residential Income)

Status: Sold
MLS#: SR16162651
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Last Updated: 12/11/2016 2:57 AM
Description for 5254 Riverton Avenue North Hollywood, CA 91601
LAND LISTING - 10 UNIT DEVELOPMENT OPPORTUNITY in NoHo Arts District area of North Hollywood. Offering Includes: Architectural & Structural Plans have been submitted to the city for approval, Soils Report & Approval Letter. The property is demo permit ready. Per City, current zoning is R3-1VL. Near the NoHo Metro Station, Arts District and Farmers market. Build Ten - 3 Bedroom + 2.5 Baths Two Level Units, with unit square footage ranging from 1,300-1400 sq. ft. Roof Top Deck, Four Stories and On Grade Garage Parking for 14 cars. Healthy Rental & Sale Comps Available with Great End Value Projections. NoHo Arts District Information: North Hollywood is one of the first neighborhoods you'll encounter when you head “over the hill” into the San Fernando Valley of Los Angeles. While much of entertainment history has taken place in the area, it has undergone a renaissance as of late with a slew of new destination points for daytime hangs, kitschy shopping and eclectic nightlife. Journey through all the cultural offerings North Hollywood has available, as there are a slew of creative mediums being showcased at a variety of venues in the North Hollywood Arts District.
Price
Sold Price:
$1,050,000
Sold Date:12/07/2016
Los Angeles
SR16162651
Closed
Description
LAND LISTING - 10 UNIT DEVELOPMENT OPPORTUNITY in NoHo Arts District area of North Hollywood. Offering Includes: Architectural & Structural Plans have been submitted to the city for approval, Soils Report & Approval Letter. The property is demo permit ready. Per City, current zoning is R3-1VL. Near the NoHo Metro Station, Arts District and Farmers market. Build Ten - 3 Bedroom + 2.5 Baths Two Level Units, with unit square footage ranging from 1,300-1400 sq. ft. Roof Top Deck, Four Stories and On Grade Garage Parking for 14 cars. Healthy Rental & Sale Comps Available with Great End Value Projections. NoHo Arts District Information: North Hollywood is one of the first neighborhoods you'll encounter when you head “over the hill” into the San Fernando Valley of Los Angeles. While much of entertainment history has taken place in the area, it has undergone a renaissance as of late with a slew of new destination points for daytime hangs, kitschy shopping and eclectic nightlife. Journey through all the cultural offerings North Hollywood has available, as there are a slew of creative mediums being showcased at a variety of venues in the North Hollywood Arts District.
Listing Information
Property Type: Cluster, Other
0.18 Acres 810,900 sq.ft. 1930
10 Total
Neighborhood
Room Information
Exterior / Lot Features
None
No Pool
Sidewalks
Driving Directions
W. of Cahuenga & Just North of Magnolia Cross Streets: Magnolia Blvd.
Financial Considerations
2416024002
Listing Price History

North Hollywood Real Estate

North Hollywood is located in California. North Hollywood, California 91601 has a population of 156,398.

The median household income in North Hollywood, California 91601 is $50,828. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in North Hollywood 91601 is 34 years.

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Courtesy: Koenig Properties Edgar Koenig
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