**Massive price reduction!**FHA/VA WELCOMED OWNER-OCCUPANT OPPORTUNITY 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.
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
Quadruplex
Built in 1955
-- sqft lot
$1,282,600 Zestimate®
$356/sqft
$-- HOA
What's special
- 94 days
- 161
- 9
Zillow last checked:
Listing updated:
Listed by:
Herbert Diaz DRE #01458024 562-639-9636,
PLF Real Estate Solutions
Source: CRMLS,MLS#: DW26118773
Originating MLS: California Regional MLS
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: $963,281
- Date on market: 6/1/2026
- Cumulative days on market: 94 days
- Listing terms: Cash to New Loan,Conventional,1031 Exchange,FHA,VA Loan
- Inclusions: n/a
- Exclusions: Personal Property
Estimated market value
$1,282,600
$1.22M - $1.35M
$2,565/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/7/2026 | Price change | $1,299,999+0.3%$356/sqft |
Source: | ||
| 6/1/2026 | Listed for sale | $1,295,900-16.4%$355/sqft |
Source: | ||
| 11/9/2025 | Listing removed | $1,549,900-6.1%$425/sqft |
Source: | ||
| 6/26/2025 | Listed for sale | $1,650,000+98.8%$452/sqft |
Source: | ||
| 10/24/2017 | Sold | $830,000-2.3%$227/sqft |
Source: Public Record Report a problem | ||
| 8/2/2017 | Pending sale | $849,900$233/sqft |
Source: PLF Real Estate Solutions #DW17120692 Report a problem | ||
| 7/13/2017 | Price change | $849,900-5.6%$233/sqft |
Source: PLF Real Estate Solutions #DW17120692 Report a problem | ||
| 6/8/2017 | Listed for sale | $899,900$247/sqft |
Source: PLF Real Estate Solutions #DW17120692 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $963,281 +2% |
| 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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Neighborhood: 90023
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