Multifamily Asset in Prime
For Sale
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5408 Russell, Los Angeles, CA 90027
Multifamily property in a desirable Los Angeles rental submarket.
Property Size11,398 SF
Price / SF$394.81
Days on Market84
Property Features for 5408 Russell
General Information
Standard status
Active
Size
11,398 SF
Property subtype
Multifamily
Zoning
Public Rec
Occupancy
88%
Investment Type
Value Add
Net Operating Income
$270,645
Building Details
Year Built
1955
Buildings
1
Stories
2
Units
18
Tenancy
Multi
Listing Agency:
Ally Commercial Real Estate
Listed By:
Luc Hawkshaw · License #CA DRE#:01962142
Source:
Crexi
Added: May 19
Changed: Aug 8
Last Checked: Aug 8 at 7:10AM
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 Ally Commercial Real Estate
Investment Insights
Based on property information with market context.
The property at 5408 Russell Avenue is a multifamily asset situated in a desirable Los Angeles rental submarket. The building offers a combination of income potential and long-term appreciation. The property consists mostly of large one-bedroom, one-bathroom units. These units typically feature functional layouts and natural light. The surrounding neighborhood drives steady rental demand. The property size is 11398 square feet. This asset presents an opportunity for investors seeking stability and growth in a rental market.
Key Highlights
- Located in a highly desirable Los Angeles rental submarket.
- Offers a combination of stable income potential and long‑term appreciation upside.
- Consists of mostly large 1+1 units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,852
Businesses Nearby
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Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property in a desirable Los Angeles rental submarket.
Where is this apartment building located?
The property is located at 5408 Russell 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: Located in a highly desirable Los Angeles rental submarket.; Offers a combination of stable income potential and long‑term appreciation upside.; Consists of mostly large 1+1 units.
