Blix Street Apartments
10825 Blix St - West Toluca Lake, CA

The Blix Street Apartments were acquired in tandem with the Riverton property and share many economic and operating characteristics in common, beginning with location [Blix is in fact just a few blocks west of Riverton]. IEC’s 10749 Kling Street complex is ‘right around the corner’, as is Chateau Camarillo. The West Toluca Lake district is distinct from the NoHo District, as the submarket ‘East of Vineland’ denotes a considerably more upscale address. This is consistent with the typical renter profile, the majority of whom hold high-paying positions with premiere employers such as Universal Studios, Walt Disney Productions, and Warner Brothers.

Blix Street has 20 total units consisting of twelve 1 BR - 1 BA, two 1 BR – 1 BA w/Loft and six 2 BR – 2 BA apartments. Construction is wood frame and stucco in a contemporary architectural style. Built in 1986, this apartment community is exempt from Los Angeles County Rent Control. Blix is a two-story structure over one level of secure parking, and offers a swimming pool surrounded by a handsomely landscaped courtyard as two of its primary external amenities.

The overall quality level extends to the interior of the units, which feature exterior entries, fireplaces, dishwashers, central air conditioning, and balconies. Access to individual apartments is controlled through secured intercom. One-bedroom units average 800 square feet, with the two loft units at 900 sq. ft. Two-bedroom apartments offer 1000 square feet of living area. The overall condition of the units is above average.