**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.
Property Details
Price:
$1,295,900
MLS #:
DW26118773
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
boyhboyleheights
Listed Date:
Jun 2, 2026
Total Sq Ft:
3,649
Lot Size:
8,032 sqft / 0.18 acres (approx)
Year Built:
1955
See this Listing
Schools
Interior
Laundry Features
GAS, IN, WH
Levels
U
Exterior
Common Walls
NCW
Community Features
URB
Garage Spaces
1
Parking Spots
14
Parking Total
14
Financial
Map
Community
- Address4045 Dennison ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90023
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jun 03, 2026
7,159
Single Family Listed
83
Avg DOM
436
Avg $ / SqFt
$1,690,644
Avg List Price
Property Summary
- 4045 Dennison ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90023. It is listed for $1,295,900 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1955. The average price per square foot for Single Family listings in Los Angeles is $436. The average listing price for Single Family in Los Angeles is $1,690,644.
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