NOT LISTED FOR SALE

4515 Russell Ave Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated Value: $1,741,000 - $2,078,372

3 Beds
3 Baths
2,025 Sq Ft
$933/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $1,675,000 $827 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $12,028/month

14 Days on Market

Highlights

  • Koi Pond
  • Art Studio
  • Open Floorplan
  • Franklin Avenue Elementary Rated A-
  • Heated Spa
  • Craftsman Architecture

About This Home

As of March 2023

Discover the ultimate urban oasis in the heart of Los Feliz! This one-of-a-kind duplex is an original Craftsman gem, offering a private, creative sanctuary in one of LA's most sought-after neighborhoods. Close to plenty of hiking, restaurants, boutiques, iconic LA nightlife, and the legendary Vista cinema, all on a calm residential jacaranda lined street. The spacious R2 lot boasts plenty of potential and the upstairs 1+1 unit is a light-filled haven with classic tiles and finishes. The downstairs 2+2 unit features an open-concept design with a seamless indoor-outdoor flow, perfect for entertaining. High ceilings complement the stylish flair throughout the interior and exterior. Lounge in the tranquil backyard, complete with a bubbling Koi pond, Korean velvet grass, and a mini orchard of bamboo, avocado, key lime, tangerine and pomelo trees. A 50-foot date palm tree provides shade over ample space for relaxation and play. On the back deck, enjoy the ultimate California lifestyle with the addition of a hot tub and plenty of room for indoor and outdoor entertaining. Slide the shoji style doors to create your own private yoga studio. The backyard also has a workshop and finished artist's studio with AC. With an electric parking gate and Ring security network, and projected monthly rents of $5500 and $2750, this property is an owner and investor's dream. Delivered vacant at close of escrow, it is perfect for a solo artist, young couple, or small family. Embrace the art, creativity, and entertainment of LA living at its finest in this one-of-a-kind duplex. Close to Greek Theater, Griffith Observatory, Barnsdall Park, International School Of Los Angeles, John Marshall High School, Franklin Elementary, and American Film Institute.

Last Agent to Sell the Property

David Bruce

eXp Realty of California Inc License #01839192 Listed on: 02/22/2023

eXp Realty of California Inc

Last Buyer's Agent

Lisa Wong

Lisa Wong, Broker License #01925530

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,824

Year Built

  • Built in 1922

Lot Details

  • 6,750 Sq Ft Lot
  • South Facing Home
  • Gated Home
  • Level Lot
  • Back Yard

Home Design

  • Duplex
  • Craftsman Architecture

Interior Spaces

  • 2,025 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • French Doors
  • Great Room
  • Art Studio
  • Workshop

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sunken Shower or Bathtub
  • 3 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Located Outside
  • Dryer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 2 Parking Spaces
  • Driveway
  • Automatic Gate

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Koi Pond
  • Shed

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Water Purifier
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5590-016-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,824

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2025
  • Lot Acreage: 0.1550
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Hot Tub, Open Floor Plan
  • Flooring: Mixed
  • Bedrooms: 3
  • Bathroom Features: Sunken Tub, Shower and Tub
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Water Purifier, Refrigerator, Range/Oven
  • Price Per S Q F T: 765.43

Exterior Features

  • Direction Faces: South
  • Other Features: Koi Pond, High Ceilings (9 Feet+), French Doors
  • Other Structures: Accessory Bldgs, Shed(s)
  • Spa: Above Ground, Heated with Electricity, Hot Tub, Private
  • Spa Yn: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Gated, Smoke Detector, Fire and Smoke Detection System
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 25.37
  • Assessed Improvement Value: 346800
  • Assessed Land Percent: 74.63
  • Assessed Land Value: 1020000
  • Total Assessed Value: 1366800
  • Assessor Parcel Number: 5590-016-019
  • Lot Description: Automatic Gate, Back Yard, Fenced, Lot-Level/Flat
  • Lot Size Area: 6750

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Allow Percent: 0.00
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Mar 10, 2023
Sold by
Shorr Ian and Shorr Makaela
Bought by
Wong Benjamin Christian and Tseng Misherr
Seller's Agent
David Bruce
eXp Realty of California Inc
Buyer's Agent
Lisa Wong
Lisa Wong, Broker
List Price
$1,550,000
Sold Price
$1,675,000
Premium/Discount to List
$125,000
8.06%
Views
52
Current Estimated Value
$1,889,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,093
Avg. Annual Appreciation
3.04%
Original Mortgage
$726,000
Outstanding Balance
$704,800
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$1,095,656

Purchase Details

Closed on
Jun 26, 2020
Sold by
Krushnic Dmitri and Vantoch Victoria
Bought by
Shorr Ian and Shorr Makaela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,005,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2001
Sold by
Physioc Lola Mae
Bought by
Krushnic Dimitri and Vantoch Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.03%

Purchase Details

Closed on
Oct 28, 1999
Sold by
Physioc Lola M
Bought by
Physioc Lola Mae and The Lola Mae Physioc Living Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wong Benjamin Christian $1,675,000 Monarch Title
Shorr Ian $1,340,000 North American Title Company
Krushnic Dimitri -- Fidelity National Title Co
Physioc Lola Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Benjamin Christian $726,000
Previous Owner Shorr Ian $997,200
Previous Owner Shorr Ian $1,005,000
Previous Owner Krushnic Dmitri $372,890
Previous Owner Krushnic Dmitri $120,000
Previous Owner Krushnic Dmitri $400,000
Previous Owner Krushnic Dimitri $297,500
Previous Owner Krushnic Dimitri $225,000
Previous Owner Physioc Wrae W $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2023 03/28/23 Sold $1,675,000 +8.1% $827 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $1,550,000 0.0% $765 / Sq Ft
08/29/2015 08/29/15 Rented $2,300 +9.5% --
08/19/2015 08/19/15 For Rent $2,100 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $20,824 $1,742,670 $1,305,702 $436,968
2024 $20,824 $1,708,500 $1,280,100 $428,400
2023 $17,049 $1,394,136 $1,040,400 $353,736
2022 $16,251 $1,366,800 $1,020,000 $346,800
2021 $16,054 $1,340,000 $1,000,000 $340,000
2020 $5,263 $413,330 $275,557 $137,773
2019 $5,062 $405,226 $270,154 $135,072
2018 $4,961 $397,281 $264,857 $132,424
2016 $4,728 $381,856 $254,573 $127,283
2015 $4,661 $376,122 $250,750 $125,372
2014 $4,687 $368,756 $245,839 $122,917
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    David Bruce

    eXp Realty of California Inc

    (424) 229-1626

    1 in this area

    7 Total Sales

    David Bruce
    Section Image

  • L

    Buyer's Agent in 2023

    Lisa Wong

    Lisa Wong, Broker

    Section Image
  • Will Tiao

    Seller's Agent in 2015

    Will Tiao

    The Collective Realty

    (323) 438-9494

    1 in this area

    32 Total Sales

    Will Tiao
    Section Image
  • Kelly Hachtel

    Buyer's Agent in 2015

    Kelly Hachtel

    Blue Home Team

    (323) 896-7654

    22 Total Sales

    Kelly Hachtel
    Section Image
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Map

Source: The MLS

MLS Number: 23-243894

The MLS

APN: 5590-016-019

California Los Angeles County Los Angeles 90027 Los Feliz

4515 Russell Ave, Los Angeles, CA

This home is located at 4515 Russell Ave, Los Angeles, CA 90027 since 22 February 2023 and is currently estimated at $1,889,093, approximately $932 per square foot. This property was built in 1922. 4515 Russell Ave is a home located in Los Angeles County with nearby schools including Franklin Avenue Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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