NOT LISTED FOR SALE

4521 Russell Ave Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated Value: $1,712,455 - $1,974,000

5 Beds
4 Baths
2,920 Sq Ft
$641/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $1,840,000 $630 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $11,021/month

61 Days on Market

About This Home

As of January 2024

Introducing 4521 Russel Ave, the hottest new listing in Los Feliz, beautifully situated in the middle of all the action. Property offers a fully remodeled main house featuring 4 bedrooms and 3 bath, dream kitchen with white kitchen cabinets and granite countertops. There is a 2nd unit, separately metered and detached from the main house featuring 2 bedrooms and 1 bath with its own entrance. Property sits in an amazing location in one of the most beautiful and sought after neighborhoods of Los Angeles. Los Feliz village is full of beautiful restaurants, stores and people which creates a charming and warm atmosphere anyone would want to live in. Great property for anyone whether you are looking to move, you are a first time home owner, or for an investment property to add to your portfolio. I am looking forward to seeing you at the first open house! House is Located in Blue Ribbon Franklin School District.

Last Agent to Sell the Property

Laura Markosian

Coldwell Banker Realty License #01291002 Listed on: 10/11/2023

Coldwell Banker Realty

Last Buyer's Agent

Laura Markosian

Coldwell Banker Realty License #01291002 Listed on: 10/11/2023

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,886

Year Built

  • Built in 1987

Lot Details

  • 6,750

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • Automatic Gate

Interior Spaces

  • 2,920 Sq Ft Home
  • 2-Story Property
  • Dryer

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,750 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5590-016-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,886

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2920
  • Lot Acreage: 0.1550
  • Year Built: 1987
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal
  • Price Per S Q F T: 640.07

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 3
  • Garage Structures: 1
  • Parking Garage: Auto Driveway Gate, Garage - 2 Car
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 27.78
  • Assessed Improvement Value: 212354
  • Assessed Land Percent: 72.22
  • Assessed Land Value: 552133
  • Total Assessed Value: 764487
  • Assessor Parcel Number: 5590-016-020
  • Lot Size Area: 6750

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 5 BD & 2BD
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Jan 5, 2024
Sold by
Tchakmakjian Mayda
Bought by
Dabezies Charles and Mazariegos Claudia
Seller's Agent
Laura Markosian
Coldwell Banker Realty
Buyer's Agent
Laura Markosian
Coldwell Banker Realty
List Price
$1,869,000
Sold Price
$1,840,000
Premium/Discount to List
-$29,000
-1.55%
Views
102
Current Estimated Value
$1,871,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,364
Avg. Annual Appreciation
-0.68%
Original Mortgage
$1,472,000
Outstanding Balance
$1,444,472
Interest Rate
6%
Mortgage Type
Construction
Estimated Equity
$375,306

Purchase Details

Closed on
Mar 3, 2009
Sold by
Mcguan John C
Bought by
Tchakmakjian Mayda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2009
Sold by
Us Bank National Association
Bought by
Tchakmakjian Mayda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2008
Sold by
Andouzian Karapet
Bought by
Us Bank Na and Harborview 2006-1 Trust Fund
Source: Public Records

Range of Values:

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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
Dabezies Charles $1,840,000 Equity Title Company
Tchakmakjian Mayda -- Landsafe Title Of Ca Inc
Tchakmakjian Mayda $630,000 Landsafe Title Of Ca Inc
Us Bank Na $930,000 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dabezies Charles $1,472,000
Previous Owner Tchakmakjian Mayda $200,000
Previous Owner Tchakmakjian Mayda $468,000
Previous Owner Tchakmakjian Mayda $504,000
Previous Owner Andouzian Karapet $860,000
Previous Owner Andouzian Karapet $100,000
Previous Owner Andouzian Karapet $665,000
Previous Owner Andouzian Karapet $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $1,840,000 -1.6% $630 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $1,869,000 +1.6% $640 / Sq Ft
10/30/2023 10/30/23 Off Market $1,840,000 -- --
10/11/2023 10/11/23 For Sale $1,869,000 -- $640 / Sq Ft
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 $9,886 $1,876,800 $1,326,000 $550,800
2024 $9,886 $795,371 $574,438 $220,933
2023 $9,697 $779,776 $563,175 $216,601
2022 $9,249 $764,487 $552,133 $212,354
2021 $9,124 $749,498 $541,307 $208,191
2020 $9,213 $741,814 $535,757 $206,057
2019 $8,852 $727,269 $525,252 $202,017
2018 $8,712 $713,009 $514,953 $198,056
2016 $8,305 $685,323 $494,957 $190,366
2015 $8,183 $675,030 $487,523 $187,507
2014 $8,216 $661,808 $477,974 $183,834
Source: Public Records

Agents Affiliated with this Home

  • Laura Markosian

    Seller's Agent in 2024

    Laura Markosian

    Coldwell Banker Realty

    (323) 333-1431

    8 in this area

    30 Total Sales

    Laura Markosian
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Map

Source: The MLS

MLS Number: 23-320089

The MLS

APN: 5590-016-020

California Los Angeles County Los Angeles 90027 Los Feliz

4521 Russell Ave, Los Angeles, CA

This home is located at 4521 Russell Ave, Los Angeles, CA 90027 since 11 October 2023 and is currently estimated at $1,871,364, approximately $640 per square foot. This property was built in 1987. 4521 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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