Exceptional opportunity to acquire a low-maintenance, newer-construction residential income asset at 5641 & 5641 1/2 Riverton Ave in prime North Hollywood. Built in 2021 (per COO buyer to verify}, this standout property features two luxury residences, each offering 4 bedrooms and 4 bathrooms, totaling approximately 4,526 SF on a 6,720… Read More SF lot. Designed to live like single-family homes, the property commands premium rental income while offering flexibility for both investors and owner-users. Each residence showcases bright, open-concept living with high ceilings, abundant natural light, and hardwood flooring throughout. Gourmet kitchens are equipped with custom cabinetry and quartz countertops, creating a clean, modern aesthetic. The thoughtfully designed layout includes a ground-level wet bar and full bath, while the upper level offers a spacious primary suite, three additional bedrooms, and a versatile family room with private balcony. Private outdoor space for each unit provides a rare and highly desirable amenity, enhancing both livability and tenant appeal. The property is designed for efficiency and ease of ownership, featuring separate metering for gas, water, and electricity, individual HVAC systems, recessed LED lighting, in-unit laundry, and designer bathrooms. A secure gated entry and drought-tolerant landscaping further contribute to its low-maintenance profile. Located on a quiet residential street just minutes from the NoHo Arts District, the asset benefits from strong rental demand and long-term appreciation potential. The adjacent duplex at 5637 & 5637 1/2 Riverton Ave is also available MLS 26665515, offering the opportunity to acquire a 4-unit portfolio across two separate APNs with added scale, flexibility, and resale potential. Read Less
Property listed by Keller Williams Beverly Hills, Lenny Lerman 310-259-7556
Listing Snapshot
Days Online
8
Last Updated
Beds
8
Square Ft.
4,526
Lot Size
0.15 Acres
Year Built
2021
MLS Number
26667947
Additional Details
Building
Built in 2021, Living area: 4526.0, 2 buildings, 2 stories, Levels: Two
Cooling
CentralAir
Disclosures
SellerDisclosure
Heating
Central
Income
Gross Income: $117,600, Net Operating Income: $89,329.4
Laundry
Inside
Lot
0.1543 acres, Dimensions: 100x135
Parking
4 total parking spaces, DoorMulti, DirectAccess, Garage, Gated, Private
Pool
None
Security Features
SecurityGate
Taxes
Parcel Number: 2415008023, Zoning: LAR2
Tenant Pays
Electricity, Gas
Utilities
2 separate electric meters
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Based on information from California Regional Multiple Listing Service, Inc. as of 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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