4615 Russell Ave Los Angeles, CA 90027
Los Feliz Neighborhood
5
Beds
4
Baths
2,388
Sq Ft
6,750
Sq Ft Lot
Highlights
- Primary Bedroom Suite
- Open Floorplan
- Galley Kitchen
- John Marshall Senior High Rated A
- Private Yard
- Living Room
About This Home
As of April 2025Nestled 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,603
Year Built
- Built in 1920
Lot Details
- 6,750 Sq Ft Lot
- No Common Walls
- South Facing Home
- Wrought Iron Fence
- Wood Fence
- Block Wall Fence
- Chain Link Fence
- No Sprinklers
- Private Yard
- Back and Front Yard
Home Design
- Stucco
Interior Spaces
- 2,388 Sq Ft Home
- Open Floorplan
- Recessed Lighting
- Living Room
- Storage
- Utility Room
- Laminate Flooring
Kitchen
- Galley Kitchen
- Gas Range
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Suite
- 4 Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 5 Parking Spaces
- Parking Available
- Driveway
- Parking Lot
- Off-Street Parking
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Wall Furnace
- Water Heater
Additional Features
- Rain Gutters
- Urban Location
Listing and Financial Details
- Tenant pays for cable TV, trash collection, sewer, gas, electricity
- Tax Lot 35
- Tax Tract Number 189
- Assessor Parcel Number 5590015011
Community Details
Overview
- 2 Buildings
Building Details
- 1 Leased Unit
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $47,400
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2025 04/08/25 | Sold | $1,490,000 | +14.7% | $624 / Sq Ft |
| 03/13/2025 03/13/25 | Pending | -- | -- | -- |
| 02/27/2025 02/27/25 | For Sale | $1,299,000 | -- | $544 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,603 | $936,499 | $674,491 | $262,008 |
| 2023 | $11,380 | $918,137 | $661,266 | $256,871 |
| 2022 | $10,852 | $900,135 | $648,300 | $251,835 |
| 2021 | $10,716 | $882,487 | $635,589 | $246,898 |
| 2020 | $10,823 | $873,439 | $629,072 | $244,367 |
| 2019 | $10,396 | $856,314 | $616,738 | $239,576 |
| 2018 | $10,265 | $839,525 | $604,646 | $234,879 |
| 2016 | $7,967 | $652,689 | $489,519 | $163,170 |
| 2015 | $7,851 | $642,886 | $482,166 | $160,720 |
| 2014 | $7,885 | $630,294 | $472,722 | $157,572 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $405,500 | New Conventional | |
| Previous Owner | $435,000 | New Conventional | |
| Previous Owner | $480,000 | Purchase Money Mortgage | |
| Previous Owner | $330,000 | Unknown | |
| Previous Owner | $277,500 | Unknown | |
| Previous Owner | $240,000 | No Value Available | |
| Previous Owner | $25,000 | Stand Alone Second | |
| Previous Owner | $112,000 | No Value Available |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Provident Title Company | |
| Quit Claim Deed | -- | Provident Title Company | |
| Grant Deed | $1,490,000 | Provident Title Company | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Pacific Coast Title Co | |
| Grant Deed | $300,000 | None Available | |
| Grant Deed | $600,000 | Cctn | |
| Gift Deed | -- | Landsafe Title | |
| Grant Deed | $140,000 | Continental Lawyers Title Co | |
| Trustee Deed | $187,000 | Investors Title Company | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- |
Source: Public Records
Similar Homes in the area
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-21044
APN: 5590-015-011
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