About 4045 Dennison Street
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.
Features of 4045 Dennison Street
MLS® # | DW25142693 |
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Price | $1,549,900 |
Bedrooms | 9 |
Bathrooms | 6.00 |
Acres | 0.18 |
Type | Residential Income |
Sub-Type | Res Income 2-4 Units |
Status | Active |
Community Information
Address | 4045 Dennison Street |
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Area | LOS ANGELES (90023) |
City | Los Angeles |
County | Los Angeles |
State | CA |
Zip Code | 90023 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Pool | N/K |
Interior
Fireplace | Yes |
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Stories | 2 Story |
Exterior
Lot Description | Corner Lot |
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Additional Information
Date Listed | June 25th, 2025 |
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Days on Market | 91 |
Zoning | Assessor |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | PLF Real Estate Solutions |
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