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
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Armand Martin

Armand Martin

+1(661) 221-5011
$ 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 Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,958 sqft

Price per Sqft $544

MLS Listing ID 26850669

Bedrooms 12

Year Built 2025

Lot Size 8,260 Sqft

Acres 0.1896

Property Sub-Type Multi-Family

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 Toluca Lake

Zoning LAR1

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning

Flooring Wood

Equipment Dishwasher, Microwave, Range/Oven, Refrigerator, Solar Panels, Stackable W/D Hookup

Laundry In Unit

Exterior

Parking Features Shared Driveway

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

Nearby Locations

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Armand Martin

+1(661) 221-5011

armand.martin@exprealty.com

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11025 Blix St