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For sale
  • Listed by: PLF Real Estate Solutions • Herbert Diaz • Contact: 562-639-9636
    Price increase: $4.1K (6/7)
    $1,299,999

    4045 Dennison St, Los Angeles, CA 90023

    9beds
    6baths
    3,649sqft
    : 
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    Quadruplex
    Built in 1955
    -- sqft lot
    $1,270,100 Zestimate®
    $356/sqft
    $-- HOA

    What's special

    Expansive lotProminent corner lot
    **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.
    48 days
    |
    193
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Herbert Diaz DRE #01458024 562-639-9636,

    PLF Real Estate Solutions

    Source: CRMLS,MLS#: DW26118773MLS LogoOriginating MLS: California Regional MLS

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      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: $356/sqft
      • Tax assessed value: $944,394
      • Annual tax amount: $13,930
      • Date on market: 6/1/2026
      • Cumulative days on market: 48 days
      • Listing terms: Cash to New Loan,Conventional,1031 Exchange,FHA,VA Loan
      • Inclusions: n/a
      • Exclusions: Personal Property

        Estimated market value

        $1,270,100

        $1.21M - $1.33M

        $3,499/mo

        Price history

        DateEventPrice
        6/7/2026Price change$1,299,999+0.3%$356/sqft
        Source: CRMLS #DW26118773 Report a problem
        6/1/2026Listed for sale$1,295,900-16.4%$355/sqft
        Source: CRMLS #DW26118773 Report a problem
        11/9/2025Listing removed$1,549,900-6.1%$425/sqft
        Source: SDMLS #DW25142693 Report a problem
        6/26/2025Listed for sale$1,650,000+98.8%$452/sqft
        Source: SDMLS #DW25142693 Report a problem
        10/24/2017Sold$830,000-2.3%$227/sqft
        Source: Public Record Report a problem
        8/2/2017Pending sale$849,900$233/sqft
        Source: PLF Real Estate Solutions #DW17120692 Report a problem
        7/13/2017Price change$849,900-5.6%$233/sqft
        Source: PLF Real Estate Solutions #DW17120692 Report a problem
        6/8/2017Listed for sale$899,900$247/sqft
        Source: PLF Real Estate Solutions #DW17120692 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,930 +3.3%$944,394 +2%
        2024$13,486 +4.3%$925,877 +2%
        2023$12,928 +4.7%$907,723 +2%
        2022$12,353 +1.2%$889,925 +2%
        2021$12,209 -0.7%$872,477 +1%
        2020$12,298 $863,532 +2%
        2019$12,298 +5.8%$846,600 +2%
        2018$11,618 $830,000 +593.7%
        2017$11,618 +255.5%$119,650 +2%
        2016$3,268 +3.1%$117,305 +1.5%
        2015$3,171 +0.6%$115,543 +2%
        2014$3,152 $113,280 +5.3%
        2010-- $107,583 +1.8%
        2008-- $105,726 +2%
        2007-- $103,654 +2%
        2006-- $101,623
        2005-- $101,623 +6%
        2003-- $95,890 +2%
        2002-- $94,011 +4%
        2000-- $90,363
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 90023

        Getting around

        75 / 100
        Very Walkable
        53 / 100
        Good Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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