11025 Blix Street 11025 Blix Street
Toluca Lake, CA 91602

Presenting an exceptional investment opportunity, 11025 Blix Street is a newly constructed (2025) four-unit multifamily property located in the highly desirable Toluca Lake neighborhood of Los Angeles, California. Offered at $2,700,000, the property is fully leased and reflects a 5.27% cap rate, a Gross Rent Multiplier (GRM) of 14.14, and a projected Net Operating Income (NOI) of $142,251. The asset consists of two front 4-bedroom, 3-bathroom split-level townhomes and two rear detached 2-bedroom, 2-bathroom ADUs totaling approximately 4,958 rentable square feet on an 8,260-square-foot...