4045 Dennison Street, Los Angeles, CA 90023

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
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...

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Home facts

  • Listing ID #:DW26118773
  • Added:53 day(s) ago
  • Updated:July 25, 2026 at 02:14 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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