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Listed by Herbert Diaz • PLF Real Estate Solutions
$1,599,800
Est. payment /mo
8,032 Sqft Lot
Active
4045 Dennison ST Los Angeles, CA 90023
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW25142693
Year Built 1955
Lot Size 8,032 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
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
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Laundry Gas Hookup, 30, Other
Exterior
Parking Features Assigned Spaces
Garage Spaces 14.0
Pool None
Building
Water District - Public
Others
Tax ID 5239005042
Special Listing Condition Not Applicable
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