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.
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
Est.:
Quadruplex
Built in 1955
-- sqft lot
$1,575,600 Zestimate®
$438/sqft
$-- HOA
What's special
Expansive lotCorner lot
- 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#: DW25142693
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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
- Loading
- Loading