4208 Russell Ave, Los Angeles, CA 90027
4208 Russell Ave, Los Angeles, CA 90027
4208 Russell Ave, Los Angeles, CA 90027
4208 Russell Ave, Los Angeles, CA 90027
4208 Russell Ave, Los Angeles, CA 90027
4208 Russell Ave, Los Angeles, CA 90027
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$ 4,500,000
Est. payment | /mo

21 Beds

18 Baths

10,786 SqFt


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$ 4,500,000
Est. payment | /mo
Save

21 Beds

18 Baths

10,786 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,786 sqft

Price per Sqft $417

MLS Listing ID 26856983

Bedrooms 21

Year Built 1964

Lot Size 0.314 Acres

Acres 0.3143

Property Sub-Type Multi-Family

Property Description

Prime 13-Unit Los Feliz Multifamily Building | generates nearly $30,000 per month Gross. |Quiet Cul-de-Sac Street |10 Renovated Units | Secure Gated Parking. Positioned at the private, quiet end of a broad, tree-lined cul-de-sac. Offers a rare combination of exceptional stable income and an irreplaceable "urban oasis" setting. This 10,786-square-foot mid-century multifamily asset features 13 units in one of Los Angeles' most competitive rental corridors, currently generating nearly $30,000 per month in stable gross income. TURNKEY TURN-OVER: 10 out of the 13 units have been extensively upgraded. These light-filled units boast high architectural ceilings, functional modern layouts, and premium finishes that command top-market rents. THE CUL-DE-SAC ADVANTAGE: Unlike typical high-traffic corridor buildings, this property sits on a peaceful, low-traffic cul-de-sac surrounded by mature greenery. This creates a highly secure, private environment that actively drives long-term tenant retention and minimizes vacancy. PREMIUM INFRASTRUCTURE & GATED PARKING: The building features a fully gated perimeter and secure entry. A massive value-add in this supply-constrained market, every unit includes its own dedicated, secure gated parking space and an individual storage unit. Common area laundry facilities provide additional tenant convenience and baseline passive income. BORDER LOCATION DEMAND: Located in a premier pocket of 90027, tenants are walking distance to both Los Feliz Village (Hillhurst & Vermont avenues) and Silver Lake's Sunset Junction/Hyperion retail corridors. The asset offers immediate access to Griffith Park, major employment hubs, and top-tier neighborhood dining. This is a clean, low-maintenance asset primed for long-term appreciation, offering an investor immediate scale and clear upside potential on a peaceful, premier street.

Location

State CA

County Los Angeles

Area Los Feliz

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Range/Oven, Refrigerator

Laundry Laundry Area, Community

Exterior

Parking Features Covered Parking

Garage Spaces 13.0

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Beverly & Company Luxury Properties

NEARBY SCHOOLS & PROPERTIES

Shantrece Thomas

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(904) 760-6560

shantrecethomas@gmail.com

200 W FORSYTH STREET SUITE 1605, Jacksonville, Florida, 32202, United States

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4208 Russell Ave