4045 Dennison Street, Los Angeles, CA — listing photo 1
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FOR SALE

4045 Dennison Street

Los Angeles, CA 90023
8,032 Lot Sq Ft
Built 1955
$1,299,999

Property Overview

**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.

Home Details

Property type
Residential Income - Quadruplex
Year built
1955
Lot size
8,032 sq ft
Parking
14 spaces
Garage
1 spaces
Carport
2 spaces
Stories
2
Days on market
77
MLS status
Active
Zoning
LCR4YY

Features & Amenities

Parking

  • Assigned

Pool

  • None

Lot

  • Corner Lot
  • Front Yard

Community, Schools & Utilities

Utilities

Water
Public
Sewer
PublicSewer
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Location & Neighborhood

4045 Dennison Street

Los Angeles, CA 90023

Frequently Asked Questions About 4045 Dennison Street

Property type: Residential Income

The current asking price is $1,299,999. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 4045 Dennison Street. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1955. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 77 days. Status can change, so verify availability before relying on it.

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“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Herbert Diaz
MLS ID: YDIAZHER

Available property

$1,299,999

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.