4611 4615 Russell AVE Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90027
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID P1-21044
Year Built 1920
Lot Size 6,751 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 (buyer to verify any potential development opportunities). Located in the heart of Los Feliz, between Vermont and Hillhurst, this property is just moments from trendy cafes, boutique shops, and some of LA's best restaurants, along with Griffith Park, The Greek Theatre, Hollywood, and The LA Zoo. With its unbeatable location, strong rental appeal, and significant redevelopment potential, this duplex is a rare chance to establish roots in one of LA's most dynamic communities.
Location
State CA
County Los Angeles
Interior
Heating Central,Wall Furnace
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Laundry Gas Dryer Hookup,Laundry Room
Exterior
Exterior Feature Rain Gutters
Parking Features Assigned,Driveway,On Site,Off Street,One Space
Fence Block,Chain Link,Wood,Wrought Iron
Pool None
Community Features Curbs,Sidewalks,Urban
Utilities Available Sewer Connected
View Y/N No
View None
Building
Lot Description Back Yard,Front Yard,Sprinklers None,Yard
Story One
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard