Great North Hollywood Arts District property south of Magnolia.

This unique offering includes two lots stretching from street to street, Riverton to Denny. Both properties feature existing units, providing immediate rental income potential. There's also significant opportunity to build up and expand, making it an ideal investment for developers and investors looking to capitalize on the area's growth.

Own a piece of the vibrant NoHo Arts District nd explore the unlimited possibilities. Based on the LARD1.5 zoning, it looks like it is zoned for 12+ units. Please check with the city.

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on 5150 Riverton Ave
in North Hollywood, CA
Presented by Brad Korb at
Brad Korb Real Estate Group.


Property MLS #BB24132914 from CRMLS

+ Reveal additional info including schools and tax history

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+ Land Info

Additional Parcels Description: 2419009018
Additional Parcels: Yes
Lot Description: Front Yard, Level
Lot Size Acres: 0.4421
Lot Size Source: Assessor
Lot Size Square Feet: 19257

+ Home Features

View: Mountain(s)

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Amenities and Community Features

Community Features: Curbs, Sidewalks, Street Lights

+ Other Property Info

Source Listing Status: Active
County: Los Angeles
Directions: Magnolia Blvd
Source Property Type: Land
Area: NHO - North Hollywood
Source Neighborhood: NHO - North Hollywood
Parcel Number: 2419009019
Postal Code Plus 4: 3941
Zoning: LARD1.5
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$390,429 + $557,758 $948,187	$11,594
2021	$382,774 + $546,822 $929,596	$11,450
2020	$378,850 + $541,216 $920,066	$11,563
2019	$371,422 + $530,604 $902,026	$11,114
2018	$364,140 + $520,200 $884,340	$10,947
2017	$357,000 + $510,000 $867,000	$10,710
2016	$120,100 + $396,341 $516,441	$6,485
2015	$118,296 + $390,388 $508,684	$6,394
2014	$115,979 + $382,741 $498,720	$6,440
2013	$115,455 + $381,012 $496,467	$6,440
2012	$113,192 + $373,542 $486,734	$6,525
2010	$110,973 + $366,218 $477,191	$6,393
2009	$110,406 + $364,345 $474,751	$6,166
2009	$110,144 + $363,481 $473,625	$6,166
2008	$108,242 + $357,201 $465,443	$5,910
2007	$106,120 + $350,198 $456,318	$5,714

+ Reveal Property Sale History

Listed 2024-07-02
$2,599,984
CRMLS

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Sold 2004-01-29
$430,000
Public Record

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Sold 1978-11-30
$340,000
Public Record

+ Utilities

Water Source: Public

+ Display Complete School Details

Toluca Lake Elementary School is a public elementary school located approximately 0.4 miles away.
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East Valley Senior High School is a public high school located approximately 0.5 miles away.
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Walter Reed Middle School is a public middle school located approximately 1.4 miles away.
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Oakwood School is a private elementary, middle and high school located approximately 0.2 miles away.
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