11261 Blix Street, North Hollywood, California 91602, North Hollywood, 91602 - 4 bed, 3 bath
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North Hollywood, California 91602
This Versatile Multi-Unit Residential Property is a Prime Investment Opportunity listed at $1,699,000—positioned well below the $1,750,521 Fair Market Value by 2%. This valuation gap provides $51,521 in Instant Equity. The property features a 4BD/3BA main home and a detached 2BD/1BA ADU, boasting a Good Condition Rating with an owned solar system and Tesla EV charger. Located in the sought-after Toluca Lake area, it is an ideal acquisition for Owner-Occupants seeking rental income or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11261 Blix Street Subject | $1,485,000* List Price | 4 | 3 | 2,987 | $508 | - |
A 4262 Riverton Avenue Sold | $1,750,000 | 4 | 4 | 3,206 | $546 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant modern updates throughout. The kitchen features stainless steel appliances and stone countertops, while the bathrooms have been updated with contemporary tiling and fixtures. Although originally built in 1940, the home has been extensively renovated to include hardwood flooring, a detached ADU, and a value-adding owned solar system. It falls into the 'good' category rather than 'excellent' due to the vintage of the underlying infrastructure and the less-than-ideal laundry placement in the kitchen.
The property features a separate 2-bedroom, 1-bathroom Accessory Dwelling Unit with its own address, providing excellent potential for rental income or multi-generational living.
A fully owned solar energy system is included, offering the new owner significant long-term utility savings and enhancing the property's overall value.
Situated in the desirable Toluca Lake area near the NoHo Arts District and major film studios, the home offers exceptional access to top-tier dining and entertainment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2987, other record living area = 1927. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1940, the property may require updates to older mechanical or structural systems that are common in homes of this era.
The placement of a stacked washer and dryer within the kitchen area may be considered less than ideal for buyers seeking a dedicated laundry room or high-end utility layout.
Set on a generous sized lot, this inviting single-story residence offers a thoughtful balance of space, comfort, and versatility. The main home features 4BD/3BA, complemented by a detached 2BD/1BA Accessory Dwelling Unit (ADU) with its own address, creating a flexible layout well-suited for a variety of living arrangements. A landscaped front yard and covered porch provide a welcoming first impression. Inside, warm wood floors and a light-filled living room with a fireplace create an open layout, ideal for hosting friends and family. The living room flows into a well-appointed kitchen offering generous counter and cabinet space, a stacked washer and dryer, and convenient access to the side driveway, perfect for unloading groceries. Adjacent to the kitchen, a bonus room with an enclosed, private patio lends itself nicely to a dining area or additional living space. The primary bedroom enjoys direct access to the backyard and includes a walk-in closet and an ensuite bath with a soaking tub and shower. Three additional bedrooms offer ample closet space, with a mix of ensuite and Jack-and-Jill bathroom arrangements that enhance functionality. Outdoors, the private, expansive backyard features a large grassy lawn and covered patio, ideal for relaxed gatherings or quiet enjoyment. The detached ADU (11263 Blix St) is equipped with a kitchenette that includes a stainless steel oven range with hood, a full bath with a shower-and-tub combination, and two comfortably sized bedrooms with generous storage. Additional highlights on the property include a gated driveway extending along the side of the property, Tesla EV charger and a fully owned, value-enhancing and money-saving solar energy system. With easy access to major freeways, film studios, and dining and entertainment in NoHo Arts District, this property presents a well-rounded opportunity in one of the valley's most dynamic neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,987 | 2,406 | 66% |
| Lot Size | 8,252 | 7,958 | 61% |
| Price | $1.49M | $1.78M | 24% |
| Price per sq ft | $497 | $886 | 2% |
| Built year | 1940 | 1939 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 63 | 180 | 15% |
Apr 10, 2026
$1,485,000
$1,599,000
-7% Price Drop
Initial Listing
Mar 11, 2026
$1,599,000
$1,699,000
-6% Price Drop
Initial Listing
Feb 18, 2026
$1,699,000
Initial Listing
Mar 25, 2011
$610,000
Public Record
Jul 3, 2003
$530,000
Public Record