**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
Courtesy of PLF Real Estate Solutions. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 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
- Address4045 Dennison ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90023
