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11025 Blix Street

North Hollywood, CA 91602

$2,700,000 $11,383/Mo

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Overview

Bed

Bath

4,958

Sqft

8,260

Sqft(Lot)

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 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.

Property Details

Property Type : ResidentialIncome

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

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 12

Bathroom Information

Total Baths: 10

Flooring Information

Wood
Interior Features

Appliances: Dishwasher, Microwave, Refrigerator

Laundry Features: Stacked
Heating & Cooling

Has Heating: Yes Heating: Central

Building Information

Year Built: 2025

Building Area Total: 4958

Private Pool: No

Lot Information

Lot Dimensions: 50x165 Main Square Feet: 8260 Lot Size Acres: 0.1896 Lot Size Source: Assessor Lot Size Square Feet: 8,260

Listing Price Information

Listing Price: $2700000

Tax Information

Parcel Number: 2353026024

Virtual Tour

Virtual Tour (External Link)

Parking Information

Shared Driveway

Location Information

Direction: Near intersection of Camarillo Ave and Vineland Ave.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
10652 Whipple Street, North Hollywood, CA, 91602	$7,500,000	--	--	13,719	13,719 SqFt
10721 Bloomfield, North Hollywood, CA, 91602	$1,800,000	3	--	--
11139 Hortense Street, North Hollywood, CA, 91602	$1,484,950	3	2	1,755	1,755 SqFt
11261 Blix Street, North Hollywood, CA, 91602	$1,399,000	6	4	3,023	3,023 SqFt
4445 Tujunga Avenue, North Hollywood, CA, 91602	$2,395,000	12	6	5,284	5,284 SqFt
11591 Riverside Drive, North Hollywood, CA, 91602	$1,450,000	4	--	2,794	2,794 SqFt