5254 Riverton Avenue, North Hollywood, CA 91601

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Property Description

Super prime, located in North Hollywood Arts District. Up and coming area is surrounded by new development, as well as the iconic NoHo West by Caruso. Project is Zoned R3-1VL. Property is also located in the Opportunity Zone (QOZ), where major tax breaks are offered for a long term build and holds. Project is also a Tier 1 TOC (subject to CRA Approval) Current owner has expired plans for 10 Units. 4 Large town homes with 6 condos. Current structure is a Vacant & boarded Triplex. Demo permits approved. Full plans are available for new buyer, please contact listing agent for full plans.

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Courtesy of Berkshire Hathaway HomeServices California, Edgar Aslanyan - CA DRE#02020713

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