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California>Los Angeles>Los Feliz

5408 RussellLos Angeles, CA 90027

For Sale

$4,500,000

Smart Buyer Rebate $45,000

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.

Listed by Rickird Rey Ramirez

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License #01964882

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Ally Commercial Real Estate

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818-941-2990

Last updated May 22, 2026

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Source: CRMLS #DW26112019

Listing Facts

  • TypeMulti-family
  • NeighborhoodLos Feliz
  • Days on Prevu25

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

05/22/2026
Listed by Ally Commercial Real Estate
$4,500,000

Property Details for 5408 Russell

Association

Amenities

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

Exterior

Construction

  • Number Of Units Total: 18
  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1955
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: Off Street and within courtyard

Measurements

  • Building Area Total: 11,398
  • Building Area Units: Square Feet
  • Lot Features: 16-20 Units/Acre
  • Lot Size Acres: 0.32
  • Lot Size Area: 14,353
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 14,353
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.01
  • Gross Income: $414,492.00
  • Operating Expense: $133,213.00

Taxes

  • Parcel Number: 5544007020

Other

Location

  • Tax Lot: 7

Utilities

Equipment

  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 5408 Russell.

How does 5408 Russell compare to other multi-family homes in Los Feliz?

This multi-family home is listed 70% above the average price for multi-family homes in Los Feliz and has been on the market for 53 less days than the typical home in this area.

5408 Russell is a -bedroom multi-family home for sale in Los Angeles CA 90027. Available on Prevu for 25 days at $4,500,000. This property is located in Los Feliz. The median listing price for multi-family homes in this area is $2,500,000. The home offers parking. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.