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For sale
  • Listing Provided by: 

    Herbert Diaz DRE #01458024 562-639-9636,

    PLF Real Estate Solutions

    Price cut: $50.1K (7/3)
    $1,599,900

    4045 Dennison St, Los Angeles, CA 90023

    9beds
    6baths
    3,649sqft
    : 
    Quadruplex
    Built in 1955
    -- sqft lot
    $1,575,600 Zestimate®
    $438/sqft
    $-- HOA

    What's special

    Expansive lotCorner lot
    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.
    51 days
    on Zillow
    |
    215
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 03, 2025 at 12:42pm

    Listing Provided by:

    Herbert Diaz DRE #01458024 562-639-9636,

    PLF Real Estate Solutions

    Source: CRMLS,MLS#: DW25142693MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 4045 Dennison St.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    Appliances
    • Laundry: Washer Hookup, Gas Dryer Hookup, Inside
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 3,649
    • Total interior livable area: 3,649 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: Assigned
    • Garage spaces: 1
    • Carport spaces: 2
    • Covered spaces: 3
    • Uncovered spaces: 11
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 8,032 Square Feet
    • Features: Corner Lot, Front Yard
    Details
    • Parcel number: 5239005042
    • Zoning: LCR4YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Urban
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $438/sqft
    • Tax assessed value: $925,877
    • Annual tax amount: $13,486
    • Date on market: 6/25/2025
    • Listing terms: Cash to New Loan,Conventional,1031 Exchange,FHA,VA Loan
    • Inclusions: n/a
    • Exclusions: Personal Property
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