$1,210,000
SOLD MAR 30, 2018
3 Beds
2 Baths
1,978 Sq Ft
8,100 Sq Ft Lot

Recently Sold

$612 Per Sq Ft

27% Above List Price

9 Days on Market

Highlights

  • Private Pool
  • Neighborhood Views
  • Cooling Available
  • No HOA
  • Fireplace
  • Laundry Room

About This Home

As of April 2024

5327 Riverton Ave is a single family residence on 8,100 square feet of land with R3 zoning!

What does this mean? By right, you can build one unit per 800 square feet of land! That comes out to 10 units (buyer must do their own due diligence, seller and agent make no guarantees).

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 at 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. As the lot is currently home to a single family residence, there is no need to deal with rent control or relocations! Act immediately. For $950,000, this development deal will be gone before you know it.

Last Agent to Sell the Property

Elizabeth Maddox

Myunits.com Inc. License #01921425 Listed on: 02/11/2018

Co-Listed By

Ian Maddox

Myunits.com Inc. License #02030205

Last Buyer's Agent

Elizabeth Maddox

Myunits.com Inc. License #01921425 Listed on: 02/11/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,408

Year Built

  • Built in 1938

Lot Details

  • 8,100 Sq Ft Lot
  • Value in Land
  • Property is zoned LAR3

Parking

  • 1 Car Garage

Interior Spaces

  • 1,978 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Exterior Lighting

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 2416
  • Assessor Parcel Number 2416011005

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,408

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2416011005
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1978.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 611.73

Exterior Features

  • View: Neighborhood
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 8100.00
  • Lot Size Acres: 0.1860

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8100.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1253.20
  • Tax Lot: 15
  • Tax Tract Number: 2416

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
$1,479,112

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
2.24%
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%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: Public Records

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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB18032760

California Regional Multiple Listing Service (CRMLS)

APN: 2416-011-005