10814-10818 Blix St

Highlights:

• Built in 1916, 1950, & 1953
• 18 Legal Units Across 3 Buildings
• Front 2-Bed House Vacant
• ~10% Upside over Current Rents
• Partial Redevelopment Option
• Multiple Extra Income Streams
• Large 19,500 SqFt Lot Zoned R3
• Very Good Valley Location

Description:

The LAAA Team of Marcus & Millichap is pleased to present 10814-10818 Blix Street, now offered at $4,495,000 following a second price reduction. The property offers 18 RSO units across three buildings on one ~0.45-acre lot in North Hollywood. Potential for up to 8 additional ADUs under SB 1211, plus utility bill-back, two-garage, laundry, and storage income above scheduled rents.

• Why the layout matters: 10814, 10816, and 10818 Blix trade as one 18-unit, ~9,435 SF block on a single ~0.45-acre NoHo lot - one parcel, three buildings, one operating footprint.
• ADU upside: Up to 8 additional ADUs under SB 1211 on this R3-1 / TOC Tier 3 site.
• Other income beyond base rent: Utility bill-back, a two-garage lease, on-site laundry, and a storage room layer roughly $19,440/yr of itemized income above scheduled rents.
• Location: Walkable NoHo / North Hollywood - Metro, studios, and daily retail a few minutes out the door.

If this Blix Street property fits how you buy multifamily in Los Angeles, we would welcome a call to tour the property and walk through the deal.