Listed By:
Steve Hovakimyan with City Center Realty Group;
Address
4541 Russell Avenue, Los Angeles, CA
Price
$ 1,957,000
Property Attributes
  • MLS#BB23153089
  • TypeMulti-Family
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaLos Feliz
  • Zip90027
  • StyleSingleFamilyResidence
  • Price$ 1,957,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2952
  • Lot Size6,747 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

Investment Opportunity in Prime Los Feliz Area! Duplex Delight in Blue Ribbon Franklin School District! Seize the moment to own two meticulously maintained units in the highly sought-after Los Feliz area. This investment is a rare gem, featuring: Upgraded Infrastructure: Enjoy peace of mind with newer roofs, and upgraded electrical and plumbing systems, ensuring a low-maintenance investment. Both units are currently leased, providing instant rental income from day one. Save time and effort with the hassle-free tenancy. Private Laundry Facilities: Convenience meets modern living with private laundry facilities in each unit. Your tenants will appreciate the added comfort. Central HVAC: Keep your tenants comfortable year-round with central heating, ventilation, and air conditioning systems. ?? Private Yards: Each unit boasts its private yard, offering a serene outdoor space for relaxation and enjoyment. ?? Blue Ribbon Franklin School District: Located in one of the most prestigious school districts, your investment aligns with quality education, making it attractive to families. Act swiftly as this golden opportunity won't last long. Secure your foothold in the thriving Los Feliz real estate market before it's too late! For more details or to schedule a private consultation, contact us TODAY. Don't miss out on this chance to elevate your investment portfolio!

Price History
8/17/2023 Listed $1,965,000
1/21/2024 1% - $1,957,000

General Features

Sewer PublicSewer
Heating Central
Zoning LAR2
Garage Spaces 0.0
Pool Features None
Year Built 1909
Property SubType SingleFamilyResidence
Gross Income 69600.0
Community Features StreetLights
County Los Angeles
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 0.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Special Listing Conditions Standard
Status Active
Directions south of Franklin
City Los Angeles
Entry Location 1909-1998
View Y/N No
Senior Community Y/N No
Total Units 2
MLS Area 637 - Los Feliz
Lot Size Square Feet 6749.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Russell
Property Attached Y/N No
Land Lease Y/N No
Electric Expense 0.0
Home Warranty Y/N No
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N Yes
Days on Market 157
Building Area Units SquareFeet
Standard Status Active
Year Built Source Other
Tax Lot 67
Property Sub Type Additional SingleFamilyResidence
MobileHomeRemainsYN No

Interior Features

Fireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Avenue
Laundry Features Inside
Entry Level 1
Electric On Property Y/N No

Exterior Features

Parking Features Driveway
Water Source Public
Total Parking 0.0
Lot Size Area 6749.0
Number of Buildings 2
Spa No
Building Area Total 2952.0
Lot Size Acres 0.1549
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90027

Price
AVG $4.39M
$1.96M
Visits
AVG 139
121
Data Provided by Inside Real Estate®
Year Built
AVG 1941
1909