18 Units in Prime Toluca Woods/North Hollywood

Price: $4,850,000 | 18 Units

Building SF: 9,435 SF | Lot Size: 19,496 SF

ADDRESS

10814-10818 Blix Street
North Hollywood, CA 91602

This 18-unit apartment building is a standout property featuring three separate structures on an expansive 19,496 square foot lot. The units offer a versatile mix of studio, one-bedroom, and two-bedroom apartments, providing approximately 9,435 square feet of total living space. Additionally, the property includes 20 dedicated parking spaces, offering convenience and added value for tenants. With LAR3 zoning and TOC Tier 3 incentives, the property presents excellent potential for future development or redevelopment, making it an investor’s dream in the heart of Los Angeles.

This investment property offers tremendous upside potential through both rental income and redevelopment opportunities. With the added value of LAR3 zoning and TOC Tier 3, developers can explore expansion possibilities in a prime location with significant demand. Its proximity to entertainment, public transit, and major freeways, combined with 20 parking spaces, make this property a top choice for investors looking to maximize returns in a high-growth area of Los Angeles. Whether you’re expanding your portfolio or seeking a high-value redevelopment project, 10814 Blix Street is a rare find in the thriving Toluca Woods/North Hollywood market.

PROPERTY INFORMATION

APN: 2421-022-003

Year Built: 1916, 1950 & 1953

Number of Units: 18

Number of Buildings: 3

Lot Size: 19,496 SF

Building Area: 9,435 SF

Zoning: LAR3

Stories: 2

Parking: 20 Spaces

Roof: Pitched

Plumbing: Majority copper

Gas & Electricity: Separately metered

Electric Panels: Upgraded

Water: Sub-metered

Waste: Paid by tenants

A/C & Heat: Wall units, split system & central

Laundry Facility: Yes, machines owned by landlord