
Los Angeles, California 90027
This Residential Income Duplex presents a High-Potential Investment Opportunity with a List Price of $1,750,000—positioned above the $1,653,483 Fair Market Value. While priced at a premium, the property offers significant long-term stability in a prime Los Feliz location. Featuring a Condition Rating of 4, the vintage 1909 infrastructure provides a canvas for value-add renovations. With a 6,749 sq ft lot and proximity to Top-Rated Schools like Ivanhoe Elementary, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack in a high-demand neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4541 Russell Avenue Subject | $1,750,000* List Price | 5 | 3 | 2,592 | $638 | - |
A 1406 Manzanita Active Under Contract | $1,595,000 List Price | 0 | 0 | 2,663 | $599 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1909, this property is significantly aged. While the exterior appears well-maintained and the description notes functional layouts, the lack of specific mentions regarding recent renovations to kitchens, bathrooms, or core systems (HVAC/Electric) suggests the interior is likely dated and exceeds the 20-year threshold for modern updates.
Elementary School: Ivanhoe Elementary School (9/10).
Situated in a highly desirable neighborhood with access to top-rated schools like Franklin Avenue Elementary and John Marshall Senior High, ensuring strong long-term value and consistent tenant demand.
This well-maintained duplex features a 5-bedroom, 3-bathroom configuration, offering excellent flexibility for owner-users seeking a mortgage helper or investors looking for a high-yield residential asset.
Built in 1909, the property may require ongoing maintenance or costly updates to aging systems such as plumbing and electrical that are common in century-old structures.
The property only offers uncovered parking, which may be a drawback for premium tenants or owners seeking vehicle protection and added security in a high-density urban area.
Exceptional duplex opportunity located at 4541 Russell Avenue, Los Angeles, CA 90027, in a prime and highly desirable neighborhood! This well-maintained property offers a total of 2,592 square feet of living space on a generous 6,749 sq ft lot, providing excellent potential for both investors and owner-users. The property features two units with a combined total of 5 bedrooms and 3 bathrooms, offering flexible living arrangements and strong income potential. Each unit provides comfortable living spaces with ample natural light and functional layouts. Additional highlights include uncovered parking, a spacious lot with room for outdoor use or future possibilities, and a location that offers convenient access to nearby dining, shopping, and major freeways. A fantastic opportunity to own a duplex in the heart of Los Angeles with endless potential!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.3 mi
Grades K-2 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 5.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,592 | 2,250 |
| Lot Size | 6,749 | 5,864 |
| Price | $1.75M | $826.7K |
| Price per sq ft | $675 | $395 |
| Built year | 1909 | 1925 |
| HOA | $0 | $0 |
| Days on market | 28 | 83 |
Jun 24, 2026
$1,750,000
Initial Listing
Jun 2, 1997
$172,000
Public Record