10806 BLIX STREET NORTH HOLLYWOOD, CA 91602
- Represented the Seller
Phenomenal development opportunity in Toluca Lake/ North Hollywood. This property is comprised of a 10,563 square foot LAR3 lot located near the border of North Hollywood/Toluca Lake. 13 units may be developed by right, and up to 21 units allowed as a bonus under the City’s Transit Oriented Communities Affordable Housing Incentive Program Guidelines (“TOC”). Property is currently two free-standing units. Front house (10806 Blix) is two (2) bed, one (1) bath, and back house (10804 Blix) is two (2) bed, two (2) bath. Property is owner-occupied and will be delivered vacant.
Prime North Hollywood media-adjacent neighborhood, attracting tenants and young professionals. Close to trendy NoHo Arts District offering a huge selection of lively bars, restaurants, entertainment, art galleries, cafes, shops, and theaters. The area features a variety of professional theaters, diverse art galleries, public art, and professional dance studios. Easy access to Metro’s North Hollywood Red Line station, which also serves as the terminus of the Metro Orange Line bus way. Minutes from both Valley Village and Studio City, making this the ideal location for a development!