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$ 4,695,000
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Active
10814 Blix Street North Hollywood (los Angeles), CA 91602
9,435 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,435 sqft
Price per Sqft $497
MLS Listing ID CL25617439
HOA Y/N No
Year Built 1960
Lot Size 0.450 Acres
Acres 0.45
Property Sub-Type Other
Property Description
The LAAA Team of Marcus & Millichap is pleased to present 10814-10818 Blix Street, an 18-unit multifamily property in the desirable NoHoValley Village neighborhood of North Hollywood. Spanning approximately 9,435 square feet across three buildings on a 19,496-square-foot R3-1 lot, the property offers a blend of stable income, immediate leasing upside, and long-term zoning potential in a high-demand, transit-oriented area. While the title reflects 17 units, permit documentation verifies 18 legal units under the Los Angeles Rent Stabilization Ordinance (RSO). The asset includes three structures built between 1916 and 1953, featuring studios, one-bedrooms, and two-bedrooms, including a two-bedroom front house that will be delivered vacant at close of escrow. The front house is clean and functional with older interiors , ideal for renovation or family occupancy, and includes a large private patio and in-unit laundry. Buyers may either reposition the unit for an estimated $3,800/month market rent or use it for personal or family purposes. The unit also includes two on-site parking spaces and will remain vacant at close for showing flexibility. In-place rents across the remaining units are approximately 10% below market, offering natural upside through turnover and light upgrades. The
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Fireplace No
Laundry Common Area
Building
New Construction No
Others
Tax ID 2421022003
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Listed by Filip Niculete • Marcus & Millichap