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$4,500,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 7 days ago
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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 by the surrounding neighborhood's strong desirability.

Full Property Details for 5408 Russell

General

  • Price: $4,500,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: DW26112019
  • Updated: 5/22/2026
  • Days on Market: 7 days
  • Added to Site: 7 day(s) ago

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None

Location

  • Area: C20 - Hollywood
  • County: Los Angeles
  • Development Name: C20 - Hollywood
  • Driving Directions: East of the 101, East of Western Ave and West of N Serrano on the South side of Russell Ave

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Gas Meters: 18
  • # Electric Meters: 18

Structural Information

  • Entry Location: Off Street and within courtyard
  • Square Feet: 11,398
  • Year Built: 1955

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 17
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.3295
  • Lot Size (Sq. Ft.): 14,353
  • Lot Size Source: Assessor
  • Lot Description: 16-20 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $394.81
  • Price Per Unit: 250000

Listed by Ally Commercial Real Estate, Rickird Rey Ramirez

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Listing agent

— 5408 Russell —

  • Rickird Rey Ramirez

    Ally Commercial Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5408 Russell

School District:Los Angeles Unified School District
NameGradesDistance
Grant Elementary School, Los Angeles, CA
1530 Wilton Place, Los Angeles, CA 90028
K-60.4 mi
Hollywood Senior High School
1521 Highland Avenue, Los Angeles, CA 90028
9-121.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5408 Russell Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/22/2026
Listed
$4,500,000
423.26%
MLS
6/01/2001
Sold
$860,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5408 Russell

Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,531
4%
$1,295,873
4%
2023
$16,928
-65%
$1,246,005
4%
2021
$48,424
199%
$1,197,640
-70%
2022
$16,204
1%
$4,039,650
241%
2020
$16,094
4%
$1,185,365
2%
2019
$15,516
2%
$1,161,683
2%
2018
$15,215
2%
$1,138,906
2%
2017
$14,866
3%
$1,116,575
2%
2016
$14,421
1%
$1,094,682
2%
2015
$14,227
-1%
$1,078,240
2%
2014
$14,390
—
$1,057,120
—
2013
$14,391
—
$1,052,343
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Ally Commercial Real Estate, Rickird Rey Ramirez

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5408 Russell, Los Angeles, CA 90027 (MLS# DW26112019) is a Multi-Family property with 18 units containing 0 bedrooms and 0 full bathrooms. 5408 Russell is currently listed for $4,500,000 and was received on May 22, 2026. Want to learn more about 5408 Russell? Do you have questions about finding other Multi-Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

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