**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
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193
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6
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Zillow last checked:
Listing updated:
Listed by:
Herbert DiazDRE #01458024562-639-9636,
PLF Real Estate Solutions
Source: CRMLS,MLS#: DW26118773Originating 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
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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