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4045 Dennison St

los angeles, CA 90023

$1,299,999

    Interested? Let's Connect

    **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.

    Details

    3,649 Sq Ft

    0.1844 Private Acres Lot Size

    investment

    Built in 1955

    MLS/Listing ID DW26118773

    2 Stories

    4 Units

    Amenities & Features

    Public Water

    Public Sewer

    Parking - Assigned

    Lot - Corner Lot

    Lot - Front Yard

    Gas Dryer Hookup

    Inside

    Washer Hookup

    Community - Urban

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

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    • Common Charges

      $0

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