4208 Russell Ave , Los Angeles, CA 90027
$4,250,000
Est. Payment: $21,385.33/mo
21 Bed
17 Bath
10786 Sqft
Status: active | Days on site: 29
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Laura Meldere , 424-394-2121 Beverly & Company Luxury Properties , 818-382-4160. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.31

Year Built

1964

County

Los Angeles

Area

637 - Los Feliz

Listing ID

26856983

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:21
  • Bathrooms:17
  • Full Bathrooms:0
Appliances:Refrigerator

Exterior Features

Lot:No Land Lease
Garage Capacity:13
Zoning:LAR2
Others:2+ Total Units
Parking Features:Covered
Principal Interest
$21,385
Taxes
$2,709

Home Price

$4,250,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$850,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$21,385.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $21,385.33 $2,709.38 $0.00 $24,094.70
Yearly $256,623.94 $32,512.50 $0.00 $289,136.44
Total $7,698,718.12 $975,375.00 $0.00 $8,674,093.12

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T14:37:52.000Z

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