$4,695,000
Price
20
Beds
18
Baths
9,435 Sq. Ft.
$498 / Sq. Ft.
9,435
Sq. Ft.
$498
per Sq. Ft.

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...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 property also benefits from several supplemental income sources. All but one of the occupied units participate in a utility bill-back program, reducing owner expenses and boosting cash flow. There are two on-site garages and one storage room, all of which are currently leased for additional monthly income. In addition, the property features on-site shared laundry with two washers and two dryers, providing an extra revenue stream for ownership. The front house has its own in-unit laundry and does not share the common facilities. Residents enjoy access to a common-area patio space, providing a welcoming outdoor amenity that enhances the community feel of the property. LADBS confirms that the asset is not subject to the City's Soft-Story Retrofit Program, minimizing future capital exposure. Zoned R3-1 with TOC Tier 3 and Transit Priority Area overlays, the property also supports a low-impact redevelopment concept. A buyer could remove the front duplex pad and construct an eight-unit, four-story by-right building while maintaining operations for the 16 rear RSO units. This phased approach allows for added density and modern curb appeal without a full-site teardown. Centrally located near Magnolia Boulevard, Vineland Avenue, and the Metro B (Red) Line, the property provides walkable access to retail, dining, and major employment hubs in Universal City, Burbank, and the NoHo Arts District. With 18 verified legal units, diversified income streams, and by-right redevelopment potential, 1081410818 Blix Street offers both immediate returns and strategic long-term upside in one of the Valley's most resilient rental markets.
  1. Listed by Filip Niculete • DRE #01905352 • Brokerage DRE #01238010 • Marcus & Millichap
  2. Listed by Glen Scher • DRE #01962976 • Brokerage DRE #01238010 • Marcus & Millichap

Property Details for 10814 Blix Street

Zoning
LAR3
Style
Other
Property Attached YN
true
Parcel Number
2421022003
Total Units
18.0
Living Area
9435
Source Living Area
Assessor
Area
North Hollywood (NHO)
LISTING UPDATED: 11/18/2025 12:06 AM

Property Details for 10814 Blix Street

StatusActive
MLS #25617439
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1960
Lot Size0.45 AC / 19,602 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Filip Niculete, DRE #01905352; Marcus & Millichap, Glen Scher, DRE #01962976
Add your commute

Building Information for 10814 Blix Street

Stories2Residences-Year Built1960Building Size-Lot Size0.45 AC / 19,602 SF

Payment Calculator

$28,183 per month

30 year fixed, 6.28% Interest

Principal and Interest

$23,200

Property Taxes

$4,983

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10814 Blix Street

Community / Development
Community / Development
  • Number Of Units: 18
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 3
  • Type Of Units: Residential
  • View: Yes
  • View Description: Other
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $395,777
  • Net Operating Income: $275,458.00
  • Gross Income: $387,976
  • Cap Rate: 5.87%
  • Gross Rent Multiplier: $11.52
  • Total Annual Expense: 120319
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.4477
  • Lot Size Square Feet: 19602
Parking Details
Parking Details
  • Parking Garage: Other
  • Total Parking: 20
Interior Features
Interior Features
  • Rooms: Other
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Air Conditioning
  • Cooling Type: Air Conditioning
  • Heating: Other
  • Heating Type: Other
  • Flooring: Other
  • Equipment: Other
  • Common Walls: Attached
  • Laundry: Community
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 11-10-2025
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,848.00
  • Unit Actual Rent: $16,631.00
  • Unit Projected Rent: $2,082.00
  • Like Units: 9
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,350.00
  • Unit Actual Rent: $2,350.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,800.00
  • Unit Actual Rent: $3,800.00
  • Unit Projected Rent: $3,800.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,364.00
  • Unit Actual Rent: $9,551.00
  • Unit Projected Rent: $10,400.00
  • Like Units: 7
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,948,377.00
  • Assessed Improvement Percent: 40.0
  • Assessed Land Value: $2,922,566.00
  • Assessed Land Percent: 60
  • Assessed Total Value: $4,870,943.00

Property History for 10814 Blix Street

DateEvent & SourcePriceAppreciation
Nov 10, 2025

Listed (Active)

CLAW #25617439

$4,695,000—
Nov 10, 2025

Listed (Active)

CRMLS #25617439

$4,695,000—
Nov 7, 2025

Withdrawn / Cancelled

CRMLS #SR25010602

$4,695,000—
Nov 7, 2025

Withdrawn / Cancelled

CLAW #SR25010602MR

—
Aug 18, 2025

Hold

CRMLS #SR25010602

—
Aug 18, 2025

Withdrawn / Cancelled

SDMLS #SR25010602

$4,695,000—
Aug 18, 2025

Hold

SDMLS #SR25010602

$4,695,000—
Jun 13, 2025

Accepting Backup Offers

CLAW #SR25010602MR

—
Jun 13, 2025

Accepting Backup Offers

CRMLS #SR25010602

—
Jan 15, 2025

Hold

CLAW #SR25010602MR

—
Jan 15, 2025

Listed (Active)

SDMLS #SR25010602

$4,695,000—
Jan 15, 2025

Listed (Active)

CLAW #SR25010602MR

$4,695,000—
Jan 15, 2025

Listed (Active)

CRMLS #SR25010602

$4,695,000—
Sep 3, 2020

Sold (Public Record)

Public Record #684097994

$4,500,000—
DateEvent & SourcePrice
11/10/2025

Listed (Active)

CLAW #25617439

$4,695,000
11/10/2025

Listed (Active)

CRMLS #25617439

$4,695,000
11/07/2025

Withdrawn / Cancelled

CRMLS #SR25010602

$4,695,000
11/07/2025

Withdrawn / Cancelled

CLAW #SR25010602MR

—
08/18/2025

Hold

CRMLS #SR25010602

—
08/18/2025

Withdrawn / Cancelled

SDMLS #SR25010602

$4,695,000
08/18/2025

Hold

SDMLS #SR25010602

$4,695,000
06/13/2025

Accepting Backup Offers

CLAW #SR25010602MR

—
06/13/2025

Accepting Backup Offers

CRMLS #SR25010602

—
01/15/2025

Hold

CLAW #SR25010602MR

—
01/15/2025

Listed (Active)

SDMLS #SR25010602

$4,695,000
01/15/2025

Listed (Active)

CLAW #SR25010602MR

$4,695,000
01/15/2025

Listed (Active)

CRMLS #SR25010602

$4,695,000
09/03/2020

Sold (Public Record)

Public Record #684097994

$4,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10814 Blix Street

Taxable ValueLand$2,922,566Additions$1,949,977Total$4,872,543
Tax Record2025$59,795 ($4,983 / month)
Home Facts
Total Finished SqFt8,541 SqFtAbove Grade Finished SqFt8,541 SqFtLot Size19,496 SqFtStyleMulti-Family Res (5+ Units)Year Built1916ZoningLAR3CountyLOS ANGELESAPN2421-022-003

Schools near 10814 Blix Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Toluca Lake Elementary School
PublicK to 5

Walter Reed Middle School
Public6 to 8

East Valley Senior High School
Public9 to 12

Science Academy STEM Magnet
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

10814 Blix Street is a multi-family home for sale in North Hollywood, CA 91602. This property was listed for sale on November 10, 2025 by Marcus & Millichap, it's currently listed at $4,695,000. It has been on the market for a total of 24 days and was last sold on September 3, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Toluca Lake Elementary School, Walter Reed Middle School and East Valley Senior High School. 10814 Blix Street is a 20-bed, 18-bath, 9,435 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Filip Niculete, DRE #01905352; Marcus & Millichap, Glen Scher, DRE #01962976

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.