5627 Riverton Avenue, North Hollywood, CA 91601
- $3,290,000
- List Price
- $3,290,000
- Status
- ACTIVE
- MLS#
- SR26118465
- Year Built
- 2023
- Lot Size
- 9,690
- Acres
- 0.22
- Lot Location
- Back Yard, Landscaped, Sprinkler System, Yard
- Days on Market
- 56
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
Introducing 5627 Riverton Ave — a stunning newer-construction four-unit townhome development completed in 2023, offering the perfect blend of modern luxury, architectural style, and exceptional investment potential in the heart of the highly sought-after NoHo Arts District. Thoughtfully designed with sophisticated contemporary finishes and strong income-producing appeal, this trophy property stands out as one of the best opportunities in North Hollywood. Each residence showcases bright open-concept living spaces with oversized windows that flood the interiors with natural light, creating a warm yet modern ambiance throughout. Designer kitchens feature custom cabinetry, sleek quartz countertops, stainless steel appliances, and stylish finishes that elevate everyday living. Spacious layouts, high ceilings, and premium craftsmanship provide the feel and comfort of luxury single-family living. The securely gated property offers ample parking with six dedicated spaces, including two assigned spots for each townhome and additional dedicated parking for the single-story units. Situated adjacent to a charming single-family neighborhood, the property offers privacy and a true residential feel while remaining moments away from the energy and excitement of the NoHo Arts District. Residents will enjoy close proximity to trendy restaurants, theaters, coffee shops, nightlife, and boutique retail, along with convenient access to the NoHo West Shopping Center, Metro, Metrolink, and the 101, 134, and 170 freeways for effortless commuting across Los Angeles. With strong rental demand, newer construction advantages, and an unbeatable location in the 91601 zip code, 5627 Riverton Ave presents a rare opportunity for investors seeking a turnkey asset with long-term upside and excellent cash-flow potential
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Additional Information
- Appliances
- Dishwasher, Freezer, Disposal, Gas Oven, Microwave, Refrigerator, Water To Refrigerator, Dryer, Washer
- Pool Description
- None
- Fireplace Description
- Electric, Living Room
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Neighborhood
- Garage Spaces Total
- 4
- Sewer
- Sewer Tap Paid
- Water
- Public
- Interior Features
- Quartz Counters, Recessed Lighting, Primary Suite
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $226,800
- Operating Expense
- 11565
Listing courtesy of Listing Agent: Shushan Lily Mikayelyan (shushansells@gmail.com) from Listing Office: Pinnacle Estate Properties.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.