Filip Niculete
Senior Managing Director Investments
CalDRE #01905352
Filip Niculete
Senior Managing Director Investments
CalDRE #01905352
11025 Blix
11025 Blix St, Toluca Lake, CA 91602
Brand-new, fully leased four-unit community in Toluca Lake
Exclusively listed by the LAAA Team at Marcus & Millichap
- Listing Price
- $2,700,000
- Cap Rate
- 5.27%
- Units
- 4
- GRM
- 14.14
- Price / Unit
- $675,000
- Price / SF
- $545.00
- Gross SF
- 4,958 SF
- Year Built
- 2025
Offering
2025 New Construction
Two front 4BR/3BA townhomes and two rear 2BR/2BA ADUs total +/-4,958 rentable SF on an 8,260 SF lot. The property is 100% leased, vintage-exempt from RSO and AB 1482, and offered at a 5.27% cap rate.
- 01
2025 new-construction four-unit community
- 02
100% leased with stabilized income
- 03
RSO and AB 1482 exempt by vintage
- 04
Two front 4BR/3BA townhomes plus two rear 2BR/2BA ADUs
- 05
Owned solar offsets common-area load
- 06
Tenant-paid trash, electric, internet/cable and insurance
- 07
Premium turnkey finishes with in-unit washer/dryer and central HVAC
Gallery
Inside the Offering
11025 Blix St, Toluca Lake, CA 91602
Location
Toluca Lake, 91602
11025 Blix St, Toluca Lake, CA 91602
11025 Blix sits in an established Toluca Lake setting near the Universal / Studio City Metro B Line station, Universal Studios, Warner Bros. Studios, CBS Studio Center, and the Riverside Drive retail corridor. The OM positions the asset as a Westside-adjacent, entertainment-core location with scarce newer attached housing stock.
Listing Team
Exclusively listed by the LAAA Team.
For tours, financials, or offer guidance, reach out directly.
Glen Scher
Senior Managing Director Investments
CalDRE #01962976
Glen Scher
Senior Managing Director Investments
CalDRE #01962976
Next Step
Ready to dig into the financials?
Sign the Confidentiality Agreement to access the full Offering Memorandum for 11025 Blix.
