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Gated-Parking Multifamily Building
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4208 Russell Avenue, Los Angeles, CA 90027

13-unit multifamily with 10 renovated units, gated perimeter, and secure parking/storage for each unit.

Property Size10,786 SF
Price / SF$417.21
Days on Market52

Property Features for 4208 Russell Avenue

General Information

Standard status Active
Size 10,786 SF
Total Parking Spaces 13
Property subtype Retail, Multifamily
Zoning R2
Occupancy 100%
Net Operating Income $249,065

Additional Details

Business Included Yes
Multifamily Units 13

Building Details

Year Built 1964
Buildings 1
Units 13
Tenancy Multi
Listing Agency: Beverly And Company Inc
Listed By: Laura Meldere · License #CA 01963657
Source: Crexi
Added: Jul 7 Changed: Aug 8 Last Checked: Aug 26 at 12:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beverly And Company Inc

Investment Insights

Based on property information with market context.

4208 Russell Avenue presents a 13-unit mid-century multifamily building with a total of 10 renovated units and additional updates across the property. The building is described as having light-filled units with high architectural ceilings and functional modern layouts. It also includes common area laundry facilities.

Set on a private, quiet cul-de-sac at the private end of a tree-lined street, the property is positioned for low-traffic living. The perimeter and entry are fully gated, and each unit includes its own dedicated secure gated parking space plus an individual storage unit. The offering is described as generating nearly $30,000 per month in stable gross income.

The property is located in Los Angeles (90027), with walking access described to Los Feliz Village (Hillhurst & Vermont avenues) and Silver Lake’s Sunset Junction/Hyperion retail corridors. The remarks also note immediate access to Griffith Park and nearby employment hubs and dining.

Key Highlights

  • 13‑unit Los Feliz multifamily building built in 1964 with 10,786 SF total building size
  • 10 of the 13 units have been renovated, with multiple units upgraded as described
  • Generates nearly $30,000/month in stable gross income

Property Analytics

Current Use

Classic Social Media Advertising Agency

Suggested Use

Top Pick Law Firm Building Supply Accounting Firm Auto Parts Store Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

3,890
Businesses Nearby

Demographics for 90027, CA

44,471
Population
24,267
Households
1.8
Avg Household Size
39
Median Age
58%
College-Educated
92%
High-School Grad
8.1 sq mi
ZIP Area
5,490
Density / Sq Mi
$90,532
Median Household Income
$53,526
Median Earnings
$1,904
Median Rent
$1,747,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 13-unit multifamily with 10 renovated units, gated perimeter, and secure parking/storage for each unit.
Where is this apartment building located?
The property is located at 4208 Russell Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 13‑unit Los Feliz multifamily building built in 1964 with 10,786 SF total building size; 10 of the 13 units have been renovated, with multiple units upgraded as described; Generates nearly $30,000/month in stable gross income
(818) 382-4160 Call to check price and availability
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