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. ________________________________________
MAJOR REDUCTION!! A redevelopment opportunity in prime North Hollywood. Boasting 8,181 SF of land with 50 by 164 Dimensions. This RD1.5 Tier 2 TOC lot present an incredible Opportunity Zone Re -Development just South of North Hollywood Art District. The property features a vacant duplex. Utilize the duplex for conventional financing, while renting it out short term while designing the perfect project with the new rules allowing you to maximize what can be built on site, or focus on market rate units with some low income offerings, adding ADUs and blending into the neighborhood! Just north of the NoHo Arts District, with easy access to the Airport and the concentration of jobs in the area, the 170 freeway, the new NoHo West, markets, nightlife and just about anything that your future tenants may be looking for, the area has seen a tremendous rebirth over the last
11015 Aqua Vista Street in Studio City is a 10,592-square-foot lot, zoned LAR3, that currently hosts a vacant 1,274-square-foot home built in 1908. Current ownership has obtained permits and has approved plans to demolish the structure. The offering presents the opportunity for experienced developers and investors to acquire a significant asset in one of LA's most desirable locations and develop it into a strong investment property. At the corner of Aqua Vista Street and Vineland Avenue, the location is ideal for would-be tenants due to its proximity to dining and entertainment attractions, multiple major employers, and major transportation hubs. Specifically, the site is located minutes from the 101, 134, and 170 freeways, as well as the nearby Metro B Line (Red) at the Universal / Studio City Station stop.
We are pleased to present a prime RD 1.5 development opportunity in the heart of Studio City! Situated on a 6,281 SF lot, this single-family residence offers an excellent opportunity to develop a fourplex or townhome project in one of Los Angeles' most sought-after rental submarkets. The property benefits from having SB 8 clearance already in hand, providing peace of mind with no tenant relocation required and no rent control, allowing for a streamlined development process and strong long-term upside. Ideally located just moments from Ventura Boulevard, tenants will enjoy immediate access to Studio City's best shopping, dining, and cafes - including Aroma Coffee just down the street - as well as convenient freeway and transit connectivity. The site is also in close proximity to the NoHo Arts District, Toluca Lake, Sherman Oaks, and Hollywood, further enhancing tenant appeal. Strong lease comps on the block of approximately $3.50 per square foot underscore the area's robust rental demand. The property will be delivered vacant at close, making this a clean and compelling acquisition for developers and investors. Potential to acquire the next door duplex as well to assemble a rare double lot, excellent for a larger apartment or 100% affordable ED 1 project. Do not miss this rare opportunity to build in one of Los Angeles' hottest rental markets. Contact listing agent for additional details!
12801 Barbara Ann St, Valley Glen, CA 91605New Affordable Housing Development Opportunity - To be sold with RTI PlansShovel-ready project in Valley Glen featuring 45 units:43 one-bedrooms1 studio1 three-bedroom replacement unitRTI plans and covenant available upon request. Site also offers potential for two future ADUs.A rare chance to acquire a fully entitled, ready-to-build affordable housing development in a strong rental market.
DEVELOPMENT OPPORTUNITY: This vacant lot is sold with 10825 Magnolia Blvd and 10831 Magnolia Blvd. 10825 Magnolia Blvd is currently used as a church and 10831 is used as single family Residential income property. All three lots together approximately 16,399 Square feet - Location: North Hollywood Art District. zoned LAC4-CA. Corner lot. please Do Not disturb next door tenants. Call Listing Agent for more information.
Prime North Hollywood location just off Lankershim Blvd. Property currently has a 1,080sqft Single Family Residence with 2Bd/1Bth and ideal for both end-users and developers. Occupy the main home and maximize the lot's income potential by constructing an ADU. The property features a beautiful, private backyard surrounded by mature high hedges and tall greenery. For Developers R3 multi-unit build with Tier 1 incentives, no parking required under AB 2097, making development more cost-efficient. Neighboring contiguous property sold for $825,000 (9/12/25), and the other contiguous neighboring property has already been transformed into a modern 3-story SFR + ADU, showing the potential of developing the same size Lot. Unbeatable location: minutes to the NoHo Arts District, Metro stations, studios, retail and dining, yet tucked away from the vibrant neighborhood in which it's located. Architectural renderings are conceptual only and not an accurate representation of existing or proposed structure
We are proud to present for sale a redevelopment opportunity in the North Hollywood area near Burbank Airport. Boasting 7,905 SF of land with 60 feet of frontage, this RD1.5 Tier 2 TOC lot comes with Entitlements for 48 Affordable Units, which can be provided as they currently are, in their early stage of submittal and design. The property features an Ellis'd vacant duplex, situated in a Low Medium II Residential General Plan area, in an Opportunity Zone (QOZ), benefitting from a High Quality Transit Corridor within half a mile, and from a Transit Oriented Incentive Area (TOIA) 1. Utilize the duplex for conventional financing, while renting it out short term while designing the perfect project with the new rules allowing you to maximize what can be built on site, or focus on market rate units with some low income offerings, adding ADUs and blending into the neighborhood! Just north of the NoHo Arts District, with easy access to the Airport and the concentration of jobs in the area, the 170 freeway, the new NoHo West, markets, nightlife and just about anything that your future tenants may be looking for, the area has seen a tremendous rebirth over the last two decades. The existing Project will not be delivered RTI, but with today's streamlined submittal process, get ready to break ground in no time at all with the existing Project or a brand new design!
PRICE REDUCED! Under $35,000 per unit!! KW Commercial is proud to present an exceptional ready-to-issue (RTI) 46-unit, 100% affordable housing ED 1 development opportunity located in the heart of North Hollywood's vibrant NOHO Arts District! Situated on a 6,591 sq. ft. corner lot, this 5-story apartment project is thoughtfully designed for maximum efficiency and minimal construction complexity. The unit mix includes 2 two-bedroom units, 27 one-bedroom units, and 16 studios, offering approximately 19,925 sq. ft. of rentable space. Located less than half a mile from the NOHO Metro Red Line Station, residents will enjoy easy access to public transportation and the abundance of shopping, dining, and entertainment that make the NOHO Arts District one of Los Angeles' most desirable neighborhoods. With a Walk Score of 87 and a Bike Score of 74, the property promises high tenant demand and stable occupancy for years to come. This 100% affordable housing community includes: 2 units reserved for very low-income households ( 50% AMI), 34 units reserved for low-income households ( 80% AMI), 8 units reserved for moderate-income households ( 110% AMI), and 1 market-rate manager's unit. Rents for the very low-and moderate-income units follow HCD Schedule VI, while the low-income units align with TCAC Schedule IX. Additionally, the property's location is ideal for attracting Section 8 voucher tenants, potentially increasing rental income by up to 20% per unit. The proposed design features zero parking spaces, significantly reducing construction costs for developers. The site is currently improved with a vacant duplex, eliminating the need for tenant relocation and ensuring a smooth path to construction. Don't miss this rare opportunity to develop a fully affordable housing project in a high-demand Los Angeles neighborhood, all at an exceptional value of just under $35,000/per unit!! May be delivered as a vacant lot if desired. Contact the listing agent today for additional information or to request a full set of approved plans.
Excellent Development Opportunity in Prime North Hollywood Rare chance to build four single-family homes on an expansive 13,000 sq. ft. lot located in the heart of North Hollywood. Plans are ready and fully reviewed, offering a workable path to construction. The proposed development includes: Two front homes: Each approximately 2,218 sq. ft., two stories, featuring 4 bedrooms and 4.5 bathrooms, plus private two-car garages. Two rear homes: Each approximately 2,607 sq. ft., two stories, with 4 bedrooms and 4.5 bathrooms, and private two-car garages. The property is currently in process for subdivision into two lots, creating additional investment flexibility and long-term potential. Motivated seller — bring your best offer!
Development Opportunity in North Hollywood: Approved Plans for 22 Residential Units + 5 ADUs (27 Total Units) A prime development opportunity is available in the rapidly growing North Hollywood area! This 10,803 SF lot comes with approved plans for a 27-unit residential development. The project includes 22 residential units and 5 Accessory Dwelling Units (ADUs)—one on each floor. All necessary approvals, including LADWP service approval, have been secured, and MEP plans have already been submitted and paid for. The property spans 10,805 SF (0.248 acres), offering approximately 80 feet of frontage on North Riverton Avenue with a depth of about 135 feet. The site currently features two residential buildings and a garage/storage structure. Zoned R3-1VL, TIER 3, and located within a State Enterprise Zone, this property presents an exceptional opportunity for high-density development. Key Features: Approved plans and MEP plans ready to go 56-foot building height with 5 residential floors and subterranean parking Total development space of approximately 31,622 SF (FAR of 4.3:1) Unit mix: 3 one-bedroom units, 17 two-bedroom units, 2 three-bedroom units 23 on-site parking spaces Buyer required to record a low-income covenant for two units and pay necessary fees This is a rare opportunity to create a high-density residential project in one of LA's most vibrant and rapidly developing neighborhoods. Don't miss out on this incredible potential!
North Hollywood is located in California.
