$1,599,900
0.18 Acre Lot

4045 Dennison Street, Los Angeles, California 90023

  • Residential Income Property Type
  • Assigned Cars Garage
  • 1955 Year Built
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 investment properties in Los Angeles.

Basic Details
Residential Income
For Sale
DW25142693
$1,599,900
1955
0.18 Acre
Active
Quadruplex
Features
: None
: Assigned
2.0
: Inside, Washer Hookup, Gas Dryer Hookup
: Public Sewer
$0
Address Map
CA
Los Angeles
Los Angeles
90023
Dennison
4045
Street
Take 5 freeway exit Indiana to Dennison
BOYH - Boyle Heights
LCR4YY
Additional Information
$0
$0
$0
$0
$0
3649
: Urban
1
1.0
: Two
: Front Yard, Corner Lot
4
2025-06-25
1650000
2
2
: Public
Broker/Agent Information
PLF Real Estate Solutions
Herbert Diaz
Listing Information
YDIAZHER
YPLF
Cash to New Loan,Conventional,1031 Exchange,FHA,VA Loan
Active
2025-07-03T19:42:50Z
CRMLS
: Standard
2025-06-25T13:02:32Z
Agent info
Ray Millman
Mortgage Calculator
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069