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.
Property Details
Price:
$1,599,900
MLS #:
DW25142693
Status:
Active
Baths:
0
Address:
4045 Dennison Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Jun 25, 2025
State:
CA
ZIP:
90023
Lot Size:
8,032 sqft / 0.18 acres (approx)
Year Built:
1955
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Schools
Interior
Laundry Features
Gas Dryer Hookup, Inside, Washer Hookup
Exterior
Community Features
Urban
Parking Features
Assigned
Parking Spots
14.00
Financial
Map
Community
- Address4045 Dennison Street Los Angeles CA
- AreaBOYH – Boyle Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90023
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4045 Dennison Street
Los Angeles, CA
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