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11025 Blix Street

North Hollywood, CA 91602
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Bed 12

Bed

Bath 0

Bath

SqFt4,958

Sqft

SqFt8,260

Sqft(Lot)

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 Stab ilization 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,700,000

AD Id : 85726372

MLS Id : 26850669

Beds : 12

Lot Size : 8,260 Sqft

Living Area Size : 4,958

Year Built : 2025

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 12

    Bathroom Information

    Total Baths: 10 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Dishwasher,Microwave,Refrigerator Flooring: Wood
  • Heating Source

    Central Has Heating

  • Building Information

    Year Built: 2025 Building Area Total: 4,958
  • Laundry Features

    Stacked

  • Lot Details

    Lot Dimensions Source: Assessor Lot Size Acres: 0.1896 Lot Size Dimensions: 50x165
  • Lot Size Source: Assessor Lot Size Square Feet: 8260

  • Listing Price Information

    Original List Price: 2,700,000 Listing Contract Date: 2026-06-11
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 2353026024

  • Garage and Parking

    Garage Description: Shared Driveway

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: TUL - Toluca Lake Postal Code Plus 4: 1202 Directions: Near intersection of Camarillo Ave and Vineland Ave. Zoning: LAR1 Source Property Type: Residential Income Area: TUL - Toluca Lake
  • Building and Construction

    Property Age: 1 Year Built Source: Builder Total Square Feet Living: 4958 Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
10435 Whipple Street, Toluca Lake, CA, 91602 $1,995,000 3 1 1,241 1,241 SqFt
10652 Whipple Street, North Hollywood, CA, 91602 $7,500,000 -- -- 13,719 13,719 SqFt
10721 Bloomfield, North Hollywood, CA, 91602 $1,900,000 -- -- 3,971 3,971 SqFt
11001 Hortense Street, West Toluca Lake, CA, 91602 $1,750,000 -- -- 4,671 4,671 SqFt
4445 Tujunga Avenue, North Hollywood, CA, 91602 $2,445,000 12 -- 5,284 5,284 SqFt

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ByOwner last updated this listing 06/23/2026 @ 15:35

MLS: 26850669 LISTED BY: Filip Niculete, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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