2 Russell Properties Acquires Multifamily Property On Russell Ave In Los Feliz For $1.4M

Located in the desirable Los Feliz neighborhood, this multifamily property at 5349 Russell Ave recently changed hands in a sale transaction. The property consists of 3 units, spanning a total of 3,780 square feet. The sale price for this transaction was $1,400,000, resulting in a price per unit of $466,666. The price per square foot was calculated at $370. The transaction took place on 03/08/2021.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,400,000
• Address: 5349 Russell Ave
• Market: Los Feliz

The buyer in this transaction was 2 Russell Properties, while the seller was the Selina Lau Trust. The transaction was facilitated by broker Will Tiao from Tiao Properties, representing the interests of 2 Russell Properties.