$4,500,000
5408 Russell, Los Angeles CA 90027
Multi-Family (18 Units)
Property type
14 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 3, 2026 at 10:30am
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
Nearby Schools
Nearby schools around the 5408 Russell, Los Angeles, CA 90027. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,600,000
Total Interest
$4,591,602
Total Payment
$8,191,602
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$27,592
per month
Property History for 5408 Russell
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90027.
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