4408 Russell Ave, Los Feliz, CA

Multi-family for Sale - $2,499,999 - 4,816 Sq. Ft. on 0.16 acres

Agent Info

Megan Husri
The Seymour Group

Property Info

  4408 Russell Ave
  Los Feliz CA 90027
UpdatedApril 30th, 2021
Building4,816 Sq. Ft.
Land0.16 acres

Attached Documents


Property Description

Location! Location! Location! 4408 Russell Avenue The Russell Residences is a seven-unit 4,816 square foot multifamily property comprised of (6) 1+1s and a renovated 2+1, located in the extremely desirable Los Feliz neighborhood.? The Russell Residences, situated in a stellar location which has superb schools, easy access to DTLA, The San Fernando Valley, and is enticing to both Buyers, Investors, and Tenants.? A new buyer can add value by conducting renovations to the units, common areas, and exterior to increase their yield and stabilize at a 6.3% cap rate.? Not only that, an Owner/User can occupy one or more of the units as their own residence or office space at a fraction of the price for a condo or townhome in the same location.?

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