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$ 1,599,900
Est. payment /mo
Active
4045 Dennison Street Los Angeles, CA 90023
9 Beds
3,649 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,649 sqft
Price per Sqft $438
MLS Listing ID CRDW25142693
Bedrooms 9
HOA Y/N No
Year Built 1955
Lot Size 8,032 Sqft
Acres 0.18
Property Sub-Type Quadruplex
Property Description
Introducing 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. One unit will be delivered vacant, making it an ideal scenario for FHA buyers looking to offset their mortgage with rental income. All forms of financing will be considered, adding further accessibility to this standout opportunity. With a pro forma cap rate of 7.2 percent and a gross rent multiplier of 13, the property provides strong immediate cash flow and long-term potential. The expansive lot includes an impressive 12 parking spaces, a rare find in this area, and adds tremendous convenience and value to the asset. Zoned with potential under SB9, there is an opportunity for future lot split or development upside. Buyer to verify 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 and development potential. Do not miss your chance to secure one of the most versatile and strategic investm
Location
State CA
County Los Angeles
Zoning LCR4
Interior
Fireplace No
Laundry Gas Dryer Hookup, Other, Inside
Exterior
Exterior Feature Front Yard
Total Parking Spaces 14
Building
Lot Description Corner Lot, Front Yard
New Construction No
Others
Tax ID 5239005042
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Herbert Diaz • PLF Real Estate Solutions