5327 Riverton Ave North Hollywood, CA 91601
Property details
About 5327 Riverton Ave
5327 Riverton Ave is an exceptional opportunity to build a new 6-unit development — or up to 10 units by right — in the heart of the North Hollywood Arts District, one of LA’s fastest-growing and most in-demand neighborhoods. This SB-8 exempt, non–rent-controlled, LAR3-zoned lot is a rare find in today’s landscape, offering developers a streamlined path forward with no tenant relocation or replacement unit requirements—saving both time and capital. Delivered RTI with plans for six thoughtfully designed townhomes, the current design includes two oversized 3-bedroom, 3.5-bath units and four spacious 2-bedroom, 2.5-bath units. Each features open layouts, en-suite bathrooms, in-unit laundry, and dedicated parking — ideal for today’s renter. Prefer to bring your own plans? With LAR3 zoning and SB-8 exemption, developers can build up to 10 units by right — a unique value-add opportunity. Located steps from The Laemmle Theatre, The Federal Bar, Chandler Bike Path, and the newly developed NoHo West hub — home to Trader Joe’s, boutique fitness studios, and curated retail — this site offers unbeatable walkability in a red-hot submarket. With very few SB-8 exempt properties left, this is a rare plug-and-play opportunity in a high-growth corridor. Call now before this one gets snatched up.
Highlights
Summary
- View: City Lights, Neighborhood
- List Price: $1,295,000
- HOA Amount: $0
- Annual Tax Amount: $16,407
- Tax Year: 2024
- Lot: Rectangular Lot
- Directions: Exit the 170 at Burbank Blvd, head east, turn left on Riverton. 5327 Riverton is a SB-8 EXEMPT, NON-RENT CONTROLLED 8,102 SFT LOT RTI for 6-UNITS, moments from the core of NoHo Arts District, surrounded by new const. comps & strong rental demand.
- Lot Size: 0.186 Acres
- MLS Number: BB25167518
- MLS Name: CRMLS
- Office Name: Myunits.com Inc.
- Office Phone: (209) 298-6020
- Listing Agent: Lauren Cearley
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/29/2025, 8:45:41 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 10, 2024 | Home Sold | $1,302,500 |
| Mar 30, 2018 | Home Sold | $1,210,000 |
| Oct 26, 2004 | Home Sold | $527,500 |
| Jun 27, 2002 | Home Sold | $282,000 |
| Sep 29, 1988 | Home Sold | $172,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,349,777 | $16,407 |
| 2023 | $1,323,311 | $16,086 |
| 2022 | $1,297,364 | $15,331 |
| 2021 | $1,271,926 | $15,158 |
| 2020 | $1,258,883 | $14,890 |
| 2019 | $1,234,200 | $7,861 |
| 2018 | $646,210 | $7,687 |
| 2017 | $633,540 | $7,687 |
History based on county public records data.
Nearby schools
6
Toluca Lake Elementary
Public District PK-5
0.6 mi
•4840 Cahuenga Blvd
4
Lankershim Elementary School
Public District KG-5
0.6 mi
•5250 Bakman Ave
4
Oxnard Street Elementary School
Public District KG-5
0.8 mi
•10912 Oxnard St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,824. Residents of North Hollywood, CA typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
Jazz
Frequently asked questions
About 5327 Riverton Ave
The listing price of 5327 Riverton Ave property is $1,295,000.
The property 5327 Riverton Ave is land located in North Hollywood, California, 91601.
Active Listing: 5327 Riverton Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5327 Riverton Ave are: Toluca Lake Elementary (GreatSchools Rating 6/10), Lankershim Elementary School (GreatSchools Rating 4/10), Oxnard Street Elementary School (GreatSchools Rating 4/10), Luther Burbank Middle School (GreatSchools Rating 7/10), New Horizons Charter Academy (GreatSchools Rating 5/10), Walter Reed School (GreatSchools Rating 6/10), Science Academy STEM Magnet (GreatSchools Rating 9/10), East Valley High School (GreatSchools Rating 3/10), Burbank Unified Independent Learning Academy (Buila) (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $16,407 (source: MLS/based on county public records data).
The last sale was on April 10, 2024 for $1,302,500 (source: MLS/tax record).
The property 5327 Riverton Ave is 0.186 acres.
This home is located at 5327 Riverton Ave in North Hollywood, CA and zip code 91601 in the North Hollywood neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 25, 2025 and is currently priced at $1,295,000.
In June 2025 more than 282 listings in North Hollywood, CA were sold above the asking price. During the same period more than 108 listings were sold at asking price, while more than 339 were sold below. Between May and June 2025, North Hollywood, CA real estate market has seen increase in the number of listings by 9%. While the average time on the market in June 2025 was 34 days, the median list price was $876,067.