4045 Dennison Street, Los Angeles, CA 90023
Local realty services provided by:CENTURY 21 Masters
4045 Dennison Street,Los Angeles, CA 90023
$1,299,999
- 9 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: herbert diaz
Office: plf real estate solutions
MLS#:DW26118773
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,299,999
About this home
**Massive price reduction!** 4045 Dennison Street, an exceptional four-unit investment opportunity situated on a prominent corner lot in the heart of Los Angeles. This income-generating property features a unique layout consisting of a duplex and two detached single-family residences, offering both privacy and flexibility for owner-occupants or savvy investors. Based on the current income and updated operating expense figures, the property reflects an estimated cap rate of approximately 7.30% and a gross rent multiplier of approximately 11.04, demonstrating strong income potential and attractive long-term upside. The expansive lot includes an impressive 12 parking spaces, a rare find in this area, adding tremendous convenience and value to the asset. Zoned with potential under SB 9, the property may offer future lot split or development upside. Buyer to verify all zoning, development, and SB 9 possibilities with the city. Perfectly positioned near key transportation corridors, major employment hubs, and vibrant neighborhoods, 4045 Dennison Street is a well-located, high-performing asset with flexible income, financing appeal, and future development potential. Do not miss your chance to secure one of the most versatile and strategic investment properties in Los Angeles....
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Home facts
- Listing ID #:DW26118773
- Added:57 day(s) ago
- Updated:July 29, 2026 at 02:42 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:6
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$1,299,999
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