Toluca Lake (TUL) Homes with Shared Driveway Parking features

Welcome to Toluca Lake, a hidden gem nestled in the vibrant heart of North Hollywood, California. This charming neighborhood is renowned for its picturesque tree-lined streets, serene atmosphere, and the unique blend of suburban tranquility and urban convenience. Toluca Lake is a community that radiates warmth and charm, making it an ideal place for families, young professionals, and retirees alike.

As part of Los Angeles County, Toluca Lake boasts easy access to some of the best attractions the city has to offer. Just a stone's throw away, you'll find the iconic Universal Studios Hollywood, a variety of trendy restaurants, and vibrant shopping districts. The nearby parks and recreational areas provide ample opportunities for outdoor activities, allowing residents to enjoy nature without venturing far from home.

When it comes to housing, Toluca Lake offers a diverse range of options, including homes with shared driveway parking features. This practical amenity is perfect for families or individuals who appreciate the convenience of easy access to their vehicles while fostering a sense of community. These homes often come with spacious interiors and beautiful outdoor spaces, perfect for entertaining or simply relaxing in your own private oasis.

Whether you’re looking for a cozy bungalow or a modern family home, Toluca Lake has something for everyone. With its rich history, friendly atmosphere, and prime location, it’s no wonder that this community is highly sought after. Come discover the charm of Toluca Lake and find your dream home in this enchanting neighborhood today!

Newest Toluca Lake (TUL) Homes with Shared Driveway Parking features

$2,700,000

12 Beds ⋅ 10 Baths ⋅ 26850669 MLS ⋅ Active Status

We are pleased to present 11025 Blix, a brand-new 2025 four-unit community in the heart of Toluca Lake. The Property comprises two structures on a single8,260-square-foot lot a front duplex of two 4BR/3BA split-level townhomes and a rear pair of detached 2BR/2BA accessory dwelling units totaling 4,958 rentable square feet.Every unit was delivered with European cabinetry, stainless Samsung appliances, in-unit washer/dryer, vinyl-plank flooring, custom shades, and central HVAC. The property is gated and carries owned solar offsetting common-area load; the two front townhomes include four dedicated parking spaces. There is no deferred maintenance and the lowest reserve and repair tier appropriate for a 2025 build.By its 2025 vintage the asset is exempt from the City of Los Angeles Rent Stabilization Ordinance and California AB 1482, and the owner-friendly expense structure tenants pay trash, electric, and internet/cable on this all-electric property drives a clean operating profile. The all-new, low-touch configuration broadens the buyer pool well beyond a typical value-add four-unit to 1031 exchange buyers, private local investors, and first-time multifamily buyers seeking turnkey product.Offered at $2,700,000 $675,000 per unit and $545 per square foot the Property reflects a 5.27% cap rate on stabilized income, pricing approximately 3% below the sold-comp per-unit median while delivering a measurable yield premium to recent Toluca Lake and North Hollywood closings. A disciplined, clear-to-trade opportunity in an established Toluca Lake location.

11025 Blix Street, North Hollywood

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