Call or text 8189391841

5445 Mildred ST San Diego CA 92110 | MLS #PTP2603261

11025 Blix ST North Hollywood CA 91602 | MLS #26850669

MLS #26850669 image #0
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.
Current real estate data for Single Family in North Hollywood as of Sep 11, 2026
325
Single Family Listed
91
Avg DOM
248
Avg $ / SqFt
$713,565
Avg List Price

Property Details

Price:
$2,700,000
MLS #:
26850669
Status:
Active
Beds:
12
Baths:
10
Type:
Single Family
Neighborhood:
tultolucalake
Listed Date:
Jun 22, 2026
Finished Sq Ft:
4,958
Total Sq Ft:
4,958
Lot Size:
8,260 sqft / 0.19 acres (approx)
Year Built:
2025
NewconstructionTul – Toluca LakeTultolucalake

Schools

Interior

Appliances
DW, MW, RF
Flooring
WOOD
Heating
CF
Laundry Features
STK
Levels
S

Exterior

Financial

Gross Operating Income
$185,251
Net Operating Income
$142,251

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Property Summary

    11025 Blix ST North Hollywood CA is a Single Family for sale in North Hollywood, CA, 91602. It is listed for $2,700,000 and features 12 beds, 10 baths, and has approximately 4,958 square feet of living space, and was originally constructed in 2025. The current price per square foot is $545. The average price per square foot for Single Family listings in North Hollywood is $248. The average listing price for Single Family in North Hollywood is $713,565. To schedule a showing of MLS#26850669 at 11025 Blix ST in North Hollywood, CA, contact your agent at 8189391841.

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11025 Blix ST
North Hollywood, CA