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$1,299,000

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6,751 Sqft Lot

Pending

4611 4615 Russell AVE Los Angeles, CA 90027

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Jerry And Rachel Team Hsieh

The MyLAHomeSearch.com Team

jerryandrachelteam@gmail.com +1(424) 242-8856

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Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID P1-21044

HOA Y/N No

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

Interior Features Open Floorplan, Recessed Lighting, Storage, Galley Kitchen, Primary Suite, Utility Room

Heating Central, Wall Furnace

Cooling Central Air

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Gas Range, Water Heater

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

Total Parking Spaces 5

Private Pool No

Building

Lot Description Back Yard, Front Yard, Sprinklers None, Yard

Faces South

Story One

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Others

Senior Community No

Tax ID 5590015011

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by Keely Myres • COMPASS

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Jerry And Rachel Team Hsieh

Owner/Director of Sales | License ID: 01701809

+1(424) 242-8856

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4611 4615 Russell AVE Los Angeles, CA 90027

Jerry And Rachel Team Hsieh

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4611 4615 Russell AVE