4045 Dennison Street, Los Angeles, CA 90023

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
4045 Dennison Street,Los Angeles, CA 90023
$1,299,999
  • - Beds
  • - Baths
  • 3,649 sq. ft.
  • Multi-family
  • Active
Listed by: herbert diaz
Office: plf real estate solutions562-639-9636
MLS#:DW26118773
Source:CRMLS

Price summary

  • Price:$1,299,999
  • Price per sq. ft.:$356.26

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...

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Home facts

  • Year built:1955
  • Listing ID #:DW26118773
  • Added:7 day(s) ago
  • Updated:June 09, 2026 at 10:34 AM

Rooms and interior

  • Living area:3,649 sq. ft.

Structure and exterior

  • Year built:1955
  • Building area:3,649 sq. ft.
  • Lot area:0.18 Acres
  • Lot Features:Corner Lot, Front Yard
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,299,999
  • Price per sq. ft.:$356.26

Features and amenities

  • Laundry features:Inside

Parking

  • Total parking spaces:14
  • Parking description:2 Carport Space(s), Assigned
  • Garage:Yes
  • Garage spaces:1
  • Carport spaces:2
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