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11025 Blix Street

Los Angeles CA 91602

12
10
4958 sq. ft.
8260 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

12 bedrooms
10 bathrooms
4958 sq. ft. floor area
8260 sq. ft. lot size
Other

Property history for 11025 Blix Street

2026
Rented
Undisclosed
20 Feb 2026 by Revel Real Estate
2026
Rented
Undisclosed
01 Feb 2026 by Revel Real Estate
2023
Sold
$1,000,000
17 Nov 2023 by Narbeh Khachian, of John Hart Real Estate

Happy sellers in Los Angeles

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We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 12 bedroom other properties in Los Angeles

In the last 12 months, 1 numeral.12-bedroom other similar to 11025 Blix Street, have been sold.

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Sales:
(619) 566-0008
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