5408 Russell Los Angeles, CA ^$ 4,500,000

5408 Russell

^$ 4,500,000

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Recently Listed

5408 Russell

Los Angeles, CA, 90027

^$ 4,500,000

Studio Baths1.0 Sq 11,398

Monthly Estimate*

^$ 27,707

Listed by Ally Commercial Real Estate

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $4,500,000 with 1 full bath. This 11,398 square foot home was built in 1955 on a lot size of 0.3295.

5408 Russell Avenue is a well-located multifamily asset positioned in one of Los Angeles’ most desirable rental submarkets. The property offers a compelling combination of stable income potential and long-term appreciation upside. The building consists of mostly large 1+1 units. Units typically benefit from functional layouts, natural light, and steady rental demand driven by the surrounding neighborhood’s strong desirability.

Multi-Family Active

Price

^$ 4,500,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3295

Year Built

1955

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW26112019

Days on Market

Features

General

Sewer Public Sewer

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1955

Property Subtype Apartment

Gross Income 414492

Community Features Biking Storm Drain(s) Street Lights Sidewalks Urban

County Los Angeles

Net Operating Income 270645

Operating Expense 133213

Insurance Expense 14248

New Construction false

Property Type Residential Income

HOA false

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions East of the 101 East of Western Ave and West of N Serrano on the South side of Russell Ave

City Los Angeles

Entry Location Off Street and within courtyard

Senior Community Y/N false

Number Of Units Total 18

MLS Area C20 - Hollywood

Lot Size Units Square Feet

Lot Size Square Feet 14353

Listing Terms Cash Cash to New Loan Conventional

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 1950

Fuel Expense 2400

Trash Expense 9264

Water Sewer Expense 8460

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 7

Property Sub Type Additional Apartment

Cap Rate 6.01

Interior

Total Stories 2

Common Walls 1 Common Wall

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features 16-20 Units/Acre

Water Source Public

Total Parking 0

Lot Size Area 14353

Number of Buildings 1

Building Area Total 11398

Lot Size Acres 0.3295

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 18

Number of Separate Electric Meters 18

* Excluded Features

List By

Ally Commercial Real Estate

Broker

rick@allycommercialre.com

Affordability Calculator

$27,707

Per Month

Monthly Principal & Interest: $27,707
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,910,011

Percent of Sale Price 58%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/22/2026	$4,500,000		Listed Price

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5408 Russell, Los Angeles, CA, 90027 is a Multi-Family Home for sale at $4,500,000 with 11,398 sqft and a lot size of 0.3295. 5408 Russell is a studio with 1.0 baths and was built in 1955. The property's zip code is 90027 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/23/2026. 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.

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5408 Russell

Multi-Family Home for sale in Los Angeles, CA

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