No photo
4045 Dennison Street Los Angeles, CA $ 1,295,900
4045 Dennison Street
$ 1,295,900
Recently Listed
Share Save

4045 Dennison Street

Los Angeles, CA, 90023
$ 1,295,900
Baths1.0 Sq 3,649

Monthly Estimate*

$ 7,979

Listed by PLF Real Estate Solutions
Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,295,900 with 1 full bath. This 3,649 square foot home was built in 1955 on a lot size of 0.1844.

**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.

See more

Multi-Family Active

Price

$ 1,295,900

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1844

Year Built

1955

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW26118773

Days on Market

1

Features
General
Sewer Public Sewer
Zoning LCR4YY
Garage Spaces 1
Pool Features None
Exclusions Personal Property
Year Built 1955
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 126000
Community Features Urban
County Los Angeles
Net Operating Income 94561
Operating Expense 6600
Insurance Expense 5200
New Construction false
Property Type Residential Income
Contingency Contingent on the completion of seller's 1031 exchange at no cost to the buyer
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Take 5 freeway exit Indiana to Dennison
City Los Angeles
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 11
Number Of Units Total 4
MLS Area BOYH - Boyle Heights
Lot Size Units Square Feet
Lot Size Square Feet 8032
Carport Spaces 2
Carport Y/N true
Listing Terms Cash to New Loan Conventional 1031 Exchange FHA VA Loan
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 600
Fuel Expense 0
Trash Expense 1200
Water Sewer Expense 4800
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 58
Property Sub Type Additional Quadruplex
Taxes 16198
Cap Rate 7.2
See more
Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Washer Hookup Gas Dryer Hookup Inside
Entry Level 1
See more
Exterior
Parking Features Assigned
Lot Features Corner Lot Front Yard
Water Source Public
Total Parking 14
Inclusions n/a
Lot Size Area 8032
Number of Buildings 3
Building Area Total 3649
Lot Size Acres 0.1844
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 5
See more
* Excluded Features
List By
Plf Real Estate Solutions

Broker

herb@PLFrealestatesolutions.com

Email

Affordability Calculator

$7,979
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,979
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/1/2026$1,295,900 Listed Price

Map


See all

4045 Dennison Street, Los Angeles, CA, 90023 is a Multi-Family Home for sale at $1,295,900 with 3,649 sqft and a lot size of 0.1844. 4045 Dennison Street is a studio with 1.0 baths and was built in 1955. The property's zip code is 90023 which is in Los Angeles, CA