Stacey Alysson Melman

4045 Dennison ST Los Angeles CA 90023 MLS #DW26118773

4045 Dennison ST
Los Angeles, CA, 90023
$1,299,999
Beds
0 Baths
0 SqFt
0.18 Acres
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MLS #DW26118773 image #0
**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.
AGENT: Herbert Diaz
LISTING BROKERAGE: PLF Real Estate Solutions
4045 Dennison ST
Los Angeles, CA

Property Details

Price:
$1,299,999
MLS #:
DW26118773
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
boyhboyleheights
Listed Date:
Jun 1, 2026
Total Sq Ft:
3,649
Lot Size:
8,032 sqft / 0.18 acres (approx)
Year Built:
1955
Boyh – Boyle HeightsBoyhboyleheights
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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

Net Operating Income
$94,561

Map

Community

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