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4045 Dennison Street, Los Angeles, CA 90023

Los Angeles
Local realty services provided by:CENTURY 21 Masters
4045 Dennison Street,Los Angeles, CA 90023
$1,299,999
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: herbert diaz
Office: plf real estate solutions
MLS#:DW26118773
Source:MLSListings

Price summary

  • Price:$1,299,999

About this home

**Massive price reduction!**FHA/VA WELCOMED OWNER-OCCUPANT OPPORTUNITY 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...

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Home facts

  • Year built:1955
  • Listing ID #:DW26118773
  • Added:99 day(s) ago
  • Updated:September 12, 2026 at 04:28 PM

Structure and exterior

  • Year built:1955
  • Lot area:0.18 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,299,999

Features and amenities

  • Laundry features:Gas Hook-up

Parking

  • Parking description:2 Car Carport, Assigned Spaces
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