4228 Dennison ST
Los Angeles, CA, 90023
$1,900,000
20 Beds
10 Baths
6,012 SqFt
0.26 Acres
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MLS #26994359 image #0
We are pleased to present an excellent opportunity to acquire a 10-unit multifamily investment property in East Los Angeles, offering investors an attractive combination of strong in-place cash flow, historically high occupancy, desirable two-bedroom units, and a highly convenient location.The property features 2-bedroom apartment units with plenty of onsite parking, providing a functional and appealing setup for residents. The property’s historically high occupancy demonstrates consistent rental demand, providing a solid foundation for continued income generation.From an investment standpoint, the property offers immediate cash flow with a current capitalization rate of over 7%, while the pro forma capitalization rate exceeds 11%, presenting investors with substantial potential upside. This combination of strong current returns and future income potential makes the property an attractive opportunity for investors seeking both cash flow and value creation.The property is also exceptionally well positioned for accessibility, with convenient access to the 5 and 710 Freeways, providing efficient connectivity throughout Los Angeles County. Additionally, the property is minutes from Downtown Los Angeles, placing residents within easy reach of major employment centers, entertainment, dining, shopping, and cultural destinations.

Property Details

Price:
$1,900,000
MLS #:
26994359
Status:
Active
Beds:
20
Baths:
10
Type:
Single Family
Neighborhood:
elaeastlosangeles
Listed Date:
Sep 29, 2026
Finished Sq Ft:
6,012
Total Sq Ft:
6,012
Lot Size:
11,491 sqft / 0.26 acres (approx)
Year Built:
1958
Ela – East Los AngelesElaeastlosangeles

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Schools

Interior

Heating
Wall Furnace
Levels
Two

Exterior

Open Parking YN
1
Parking Features
Assigned, Detached Carport, Open
Parking Spots
15
Parking Total
15
Stories
2

Financial

Gross Operating Income
$193,692
Net Operating Income
$133,244

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Oct 21, 2026
6,207
Single Family Listed
87
Avg DOM
506
Avg $ / SqFt
$1,883,735
Avg List Price

Property Summary

    4228 Dennison ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90023. It is listed for $1,900,000 and features 20 beds, 10 baths, and has approximately 6,012 square feet of living space, and was originally constructed in 1958. The current price per square foot is $316. The average price per square foot for Single Family listings in Los Angeles is $506. The average listing price for Single Family in Los Angeles is $1,883,735.

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4228 Dennison ST
Los Angeles, CA