10814 Blix Street
North Hollywood, CA 91602
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1953 build
- – on site
The Buildings: 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. Public Transportation and Desirable Demographics: The property is ideally located just minutes from the North Hollywood Metro Station, which serves the Red Line subway and the Orange Line bus rapid transit. This ensures quick access to Downtown LA, Hollywood, and other major hubs, making it perfect for professionals, artists, and young families. The neighborhood’s artistic vibe and proximity to entertainment industries continue to attract a growing population of renters, making it an ideal spot for long-term rental income. Property History: This property has an intriguing history of strategic modifications that have maximized its potential over the decades: 1949: The front house was converted into two units, marking the beginning of the property’s evolution into a multi-family complex. 1961: The rear building, originally two units over garages, underwent a transformation. The garages were converted into four additional units on the first floor, creating a total of six units in the rear structure. 1983: The adjacent building at 10818 Blix Street was converted into seven units, plus the inclusion of three Studios, further expanding the property’s rental capacity. Reason to Buy: This 18-unit 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.
Listed By CRMLS_CA / Reza Ghobadi / Reza Ghobadi / 818-793-2923
Last checked:
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Last updated Jan 16, 2025
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MLS# SR25010602 —
The Building
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Year Built:1953
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:9435.00
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Building Area Units:Square Feet
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Total Number Of Units:18
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# of Buildings:3
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:18
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# of Separate Water Meters:18
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# of Separate Electric Meters:18
Interior
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Entry Location:Ground Floor
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Laundry:Common Area
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Laundry:1
Location
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Directions:East of Lankershim Boulevard and south of Camarillo Street
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Latitude:34.15636900
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Longitude:-118.36643700
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LAR3
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Lot Features:Lot 10000-19999 Sqft
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Lot Size Area:19502.0000
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Lot Size Acres:0.4477
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Lot Size SqFt:19502.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:1255.02
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Tax Tract:125...
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Tax Lot:10
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2421022003
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Sidewalks
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:2.00
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Garage Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/15/25
Jan 15, 2025
|
Listed / Active | CRMLS_CA | $4,695,000 |