$4,500,000
5408 Russell, Los Angeles CA 90027
Multi-Family (18 Units)
Property type
25 days
On market
$395
Price per sqft
0 cars
Garage
1955
Year built
14,353 sqft
Lot size
Open Houses
Overview
5408 Russell Avenue is a well-located multifamily asset positioned in one of Los Angeles’ most desirable rental submarkets. The property offers a compelling combination of stable income potential and long-term appreciation upside. The building consists of mostly large 1+1 units. Units typically benefit from functional layouts, natural light, and steady rental demand driven...
Listing provided by: Rickird Rey Ramirez DRE #01964882 818-941-2990, Ally Commercial Real Estate
Listing updated: May 22, 2026 at 09:16pm.
Last checked: Jun 15, 2026 at 12:30am
Source: CRMLS #DW26112019
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,698 | $2,698 | $2,700 | Unfurnished |
| 17 | 1 | 1 | — | $1,873 | $31,843 | $2,400 | Unfurnished |
# of Buildings: 1
# of Units Total: 18
Separate Electric Meters: 18
Separate Gas Meters: 18
Separate Water Meters: 0
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
10.9x
List Price / Annual Gross Rent
Cap Rate
6.01%
NOI / List Price
Gross Scheduled Income: $414,492
Vacancy Allowance Rate: 3%
Operating Expense: $133,213
Net Operating Income: $270,645
Annual Operating Expenses
Electric: $1,950
Fuel: $2,400
Insurance: $14,248
Professional Management: $16,580
Trash: $9,264
Water / Sewer: $8,460
Interior
Laundry: Common Area
Entry Location: Off Street And Within Courtyard
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: One Common Wall
Lot Features: Sixteen To Twenty Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5544007020
Additional Parcels: No
Tax Lot: 7
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Storm Drains, Street Lights, Sidewalks, Urban