4045 Dennison Street, Los Angeles, California 90023

  • $1,299,999
  • $1,295,900
4045 Dennison Street, Los Angeles, CA 90023
Active
4045 Dennison Street, Los Angeles, California 90023
4045 Dennison Street, Los Angeles, CA 90023
  • $1,299,999
  • $1,295,900

Description

**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.

  • Address 4045 Dennison Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90023
  • Country US

Details

Updated on June 7, 2026 at 6:48 pm
  • Property ID: DW26118773
  • Price: $1,299,999
  • Property Size: 3649 Sqft
  • Land Area: 0.1844 Acres
  • Garage: 1.0
  • Year Built: 1955
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
  • Sewer: Public Sewer
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Parking: Assigned
  • Community Features: Urban

Contact Information

View Listings
Hoyt Hochman

Enquire About This Property

Compare listings

Compare
Hoyt Hochman
  • Hoyt Hochman