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
MLS #
CRDW25142693
MLS Source
California Regional MLS
Days on Site
56
Appliances
Other
Pool
None
Garage/Parking
Assigned Spaces, Garage: 1 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | – | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 670 | – | 0/0 | – |
2 | 790 | – | 0/0 | – |
3 | 2,190 | – | 0/0 | – |
4045 Dennison St is a Residential Income in Los Angeles, CA 90023. This – square foot property sits on a 8,032 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,599,900 and was built in 1955.
This address can also be written as 4045 Dennison St, Los Angeles, CA 90023.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 03, 2025. For the most current information, please contact Herbert Diaz