11025 Blix ST, North Hollywood, CA 91602
11025 Blix ST, North Hollywood, CA 91602
11025 Blix ST, North Hollywood, CA 91602
11025 Blix ST, North Hollywood, CA 91602
11025 Blix ST, North Hollywood, CA 91602
11025 Blix ST, North Hollywood, CA 91602
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Ashlea Boyer

Ashlea Boyer

+1(805) 709-0711
$ 2,700,000
Est. payment | /mo

12 Beds

10 Baths

4,958 SqFt

Save
$ 2,700,000
Est. payment | /mo
Save

12 Beds

10 Baths

4,958 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,958 sqft

Price per Sqft $544

MLS Listing ID 26850669

Bedrooms 12

HOA Y/N No

Year Built 2025

Lot Size 8,258 Sqft

Lot Dimensions Assessor

Property Description

We are pleased to present 11025 Blix, a brand-new 2025 four-unit community in the heart of Toluca Lake. The Property comprises two structures on a single8,260-square-foot lot a front duplex of two 4BR/3BA split-level townhomes and a rear pair of detached 2BR/2BA accessory dwelling units totaling 4,958 rentable square feet.Every unit was delivered with European cabinetry, stainless Samsung appliances, in-unit washer/dryer, vinyl-plank flooring, custom shades, and central HVAC. The property is gated and carries owned solar offsetting common-area load; the two front townhomes include four dedicated parking spaces. There is no deferred maintenance and the lowest reserve and repair tier appropriate for a 2025 build.By its 2025 vintage the asset is exempt from the City of Los Angeles Rent Stabilization Ordinance and California AB 1482, and the owner-friendly expense structure tenants pay trash, electric, and internet/cable on this all-electric property drives a clean operating profile. The all-new, low-touch configuration broadens the buyer pool well beyond a typical value-add four-unit to 1031 exchange buyers, private local investors, and first-time multifamily buyers seeking turnkey product.Offered at $2,700,000 $675,000 per unit and $545 per square foot the Property reflects a 5.27% cap rate on stabilized income, pricing approximately 3% below the sold-comp per-unit median while delivering a measurable yield premium to recent Toluca Lake and North Hollywood closings. A disciplined, clear-to-trade opportunity in an established Toluca Lake location.

Location

State CA

County Los Angeles

Area Tul - Toluca Lake

Zoning LAR1

Interior

Heating Central

Flooring Wood

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator

Laundry Stacked

Exterior

Parking Features Shared Driveway

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 2353026024

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Filip Niculete Marcus & Millichap #01905352

Nearby Locations

Ashlea Boyer

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(805) 709-0711

exec@pismohomes.com

350 James Way, Pismo Beach, California, 93449, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Keller Williams Cental Coast Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

11025 Blix ST

};