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$ 4,695,000
Est. payment /mo
Active
10814 Blix Street North Hollywood, CA 91602
3 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25010602
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
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 investors 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 neighborhoods 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 propertys 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 struct
Location
State CA
County Los Angeles
Zoning Assessor
Direction East of Lankershim Boulevard and south of Camarillo Street
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 2421022003
Listed by Reza Ghobadi Reza Ghobadi