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Listed by Keely Myres • COMPASS
$1,299,000
Est. payment /mo
6,750 Sqft Lot
Pending
4611 4615 Russell AVE Los Angeles, CA 90027
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Key Details
Property Type Multi-Family, Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRP1-21044
Originating Board California Regional MLS
Year Built 1920
Lot Size 6,750 Sqft
Property Description
Nestled in one of Los Angeles' most sought-after neighborhoods, this multi-family property in Los Feliz offers a versatile investment opportunity with two separate homes on one lot. Whether you choose to live in one and rent the other or lease out both, this property is a smart move for first-time homebuyers and savvy investors alike. Fully gated and separated by a driveway, each home enjoys its own private front yard, patio, and porch, creating a sense of space and tranquility in the middle of the city. Off-street parking is a rare luxury in this neighborhood, and this property delivers with three spaces for one unit and two for the other. A mature orange tree in the back yard completes the classic LA picture. The tenant-occupied unit measures 1,266 sq. ft. and features three bedrooms, two bathrooms, a laundry room, and a spacious storage/utility room. It has a newer water heater and central air and heat. The vacant unit, measuring 1,122 sq. ft., offers two bedrooms, two bathrooms, a laundry room, and has been freshly painted for its next resident. Each unit has an open living/dining area and galley kitchen. Both homes offer opportunities for customization and value-add potential. Additionally, the City has indicated that there is the possibility of adding ADUs to the property (
Location
State CA
County Los Angeles
Rooms
Kitchen Other, Oven Range - Gas
Interior
Heating Wall Furnace , Central Forced Air
Cooling Central AC
Flooring Laminate
Laundry Gas Hookup, In Laundry Room
Exterior
Parking Features Assigned Spaces, Common Parking Area, Off-Street Parking, Other, Parking Area
Garage Spaces 5.0
Pool 31, None
View None
Building
Story One Story
Water Hot Water, District - Public
Others
Tax ID 5590015011
Special Listing Condition Not Applicable
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