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Millman Team Real Estate

$1,299,999
0.18 Acre Lot

4045 Dennison Street, Los Angeles, California 90023

  • Residential Income Property Type
  • Assigned Cars Garage
  • 1955 Year Built
Property Description

**Massive price reduction!**FHA/VA WELCOMED OWNER-OCCUPANT OPPORTUNITY 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.

Basic Details
Residential Income
For Sale
DW26118773
$1,299,999
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
W119° 48' 44.6''
N34° 1' 14.1''
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
2026-06-01
1295900
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
2026-08-17T22:48:13Z
CRMLS
: Standard
2026-06-01T14:10:41Z
Agent info
Ray Millman
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