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34261063
34261048

4208 Russell Avenue, Los Angeles, CA 90027

LM
CA CA 01963657
Beverly And Company Inc
Listed by Beverly And Company Inc
$4,500,000
3 days on market
Updated 1 day ago

4208 Russell Avenue

Details
Property Type Retail, Multifamily
Sub Type Apartment Building
Square Footage 10,786
Units 13
Cap Rate 6.46%
NOI $290,743
Occupancy 100%
Year Built 1964
Buildings 1
Zoning R2
Parking Spaces 1 per 1,000 sq ft
Ground Lease No

LOS FELIZ apartment building! Generates almost $30,000 Gross per month

Marketing description

Prime 13-Unit Los Feliz Multifamily Building | Quiet Cul-de-Sac Street | 10 Renovated Units | Secure Gated Parking | generates nearly $30K/Mo Gross

Positioned at the private, quiet end of a broad, tree-lined cul-de-sac, 4208 Russell Ave 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.

Investment highlights

Prime 13-Unit Los Feliz Multifamily Building | Quiet Cul-de-Sac Street | 10 Renovated Units | Secure Gated Parking | generates nearly $30K/Mo Gross

Listing Contacts

LM
CA CA 01963657
Beverly And Company Inc
Listed by Beverly And Company Inc

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$290,743.00
$24,228.58/mo

Valuation Metrics

0
DSCR
6.46%
Cap Rate
6.46%
ROI

Map

Zoning

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R2-1XL ResidentialTwo FamilyTwo Family Residential Extra Limited Height District
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Laura Meldere
License
CA 01963657
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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