Seller's Agent in 2024
Elizabeth Maddox
Myunits.com Inc.
(818) 850-8485
29 in this area
120 Total Sales
5327 Riverton Ave North Hollywood, CA 91601
North Hollywood Neighborhood
0.19
Acre
$7,002,688
Price per Acre
8,102
Sq Ft Lot
Highlights
- No HOA
- Bike Trail
- Rectangular Lot
- Neighborhood Views
About This Lot
As of April 20245327 Riverton Ave is an 8,100 square foot, flat LAR 3 (Tier 3 TOC!) lot in prime NoHo Arts, adjacent to Toluca Woods. This SB-8 exempt property is being delivered with stamped, RTI plans for an exquisite 8-unit project containing six 3 bedroom, 3 bathroom 2-story units and two 2 bed, 2 bathroom + den units. Start construction right away on the existing project, or bring your own plans to the table! At only $1,250,000, this is priced to sell right away! With land inventory at an all-time low, this ideally located NoHo lot presents developers countless options. Thanks to the ideal lot dimensions of 60' x 135', you could:
1. Proceed with construction on this already approved 8-unit project. The plans are premium and will result in a pride-of-ownership 8-unit that will be the crown jewel of NoHo!
2. Build a more affordable to construct "double duplex" model project (estimate of 6 units, perhaps more if you add on ADU's). We are currently selling a fourplex a few blocks away at $3,325,000- making for a price per door of $831,250.
3. Build a 10-unit project. By right you can build 10 units.
4. Take advantage of the Tier 3 TOC and construct up to 17 units.
5327 Riverton Ave is located in the heart of the outrageously trendy NoHo Arts District. It is half a mile from the neighborhood’s hub of Lankershim and Magnolia. It’s also just blocks away from the upscale neighborhoods of Toluca Lake and Toluca Woods. This is the ideal opportunity to develop a hugely profitable apartment, condominium or small lot project!
Last Agent to Sell the Property
Myunits.com Inc. Brokerage Phone: 818-850-8485 License #01921425 Listed on: 11/20/2023
Last Buyer's Agent
Myunits.com Inc. Brokerage Phone: 818-850-8485 License #01921425 Listed on: 11/20/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $16,408
Lot Details
- 8,102 Sq Ft Lot
- Lot Dimensions are 60x135
- Rectangular Lot
- Level Lot
- Property is zoned LAR3
Additional Features
- Neighborhood Views
- Standard Electricity
Listing and Financial Details
- Legal Lot and Block 15 / 42
- Assessor Parcel Number 2416011005
- $211 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2018
Closed on
Feb 22, 2018
Sold by
Rouillard Hans R and Rouillard Elcina M
Bought by
Second Riverton Development Llc
Seller's Agent
Elizabeth Maddox
Myunits.com Inc.
Buyer's Agent
Elizabeth Maddox
Myunits.com Inc.
List Price
$950,000
Sold Price
$1,210,000
Premium/Discount to List
$260,000
27.37%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,112
Avg. Annual Appreciation
2.26%
Original Mortgage
$786,500
Interest Rate
4.38%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 14, 2009
Sold by
Rouillard Hans and Rouillard Elcina
Bought by
Rouillard Hans R and Rouillard Elcina M
Purchase Details
Closed on
May 5, 2005
Sold by
Rouillard Hans and Rouillard Elcina
Bought by
Rouillard Hans R and Rouillard Elcina Mar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
6.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 7, 2004
Sold by
Jayne Dolores
Bought by
Rouillard Hans and Rouillard Elcina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
4.25%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 14, 2002
Sold by
Jayne Harold Joseph
Bought by
Jayne Dolores
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,400
Interest Rate
6.5%
Purchase Details
Closed on
May 17, 2002
Sold by
Brown David J
Bought by
Jayne Dolores
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,400
Interest Rate
6.5%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,210,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Financial Title Company | |
| Grant Deed | $527,500 | First American Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Grant Deed | $282,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,300,000 | New Conventional | |
| Closed | $3,205,000 | Construction | |
| Closed | $786,500 | Commercial | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $605,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $496,000 | New Conventional | |
| Previous Owner | $422,000 | Credit Line Revolving | |
| Previous Owner | $355,000 | Unknown | |
| Previous Owner | $197,400 | No Value Available | |
| Closed | $78,000 | No Value Available | |
| Closed | $104,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2024 04/10/24 | Sold | $1,302,500 | +4.2% | $658 / Sq Ft |
| 12/13/2023 12/13/23 | Pending | -- | -- | -- |
| 12/07/2023 12/07/23 | Price Changed | $1,250,000 | -7.4% | $632 / Sq Ft |
| 11/20/2023 11/20/23 | For Sale | $1,350,000 | +11.6% | $683 / Sq Ft |
| 03/30/2018 03/30/18 | Sold | $1,210,000 | +27.4% | $612 / Sq Ft |
| 02/20/2018 02/20/18 | Pending | -- | -- | -- |
| 02/11/2018 02/11/18 | For Sale | $950,000 | -- | $480 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $16,408 | $1,349,777 | $1,349,777 | -- |
| 2023 | $16,087 | $1,323,311 | $1,323,311 | $0 |
| 2022 | $15,332 | $1,297,364 | $1,297,364 | $0 |
| 2021 | $15,158 | $1,271,926 | $1,271,926 | $0 |
| 2019 | $14,891 | $1,234,200 | $850,578 | $383,622 |
| 2018 | $7,861 | $646,210 | $516,971 | $129,239 |
| 2016 | $7,502 | $621,119 | $496,898 | $124,221 |
| 2015 | $7,392 | $611,791 | $489,435 | $122,356 |
| 2014 | $7,419 | $599,808 | $479,848 | $119,960 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Maddox
-
Ian Maddox
I
Seller Co-Listing Agent in 2024
Ian Maddox
Myunits.com Inc.
(818) 859-7242
21 in this area
75 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB23213385
APN: 2416-011-005
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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