$ 1,295,900
-
$1,295,900
Price -
9
Bed -
6
Bath -
3,649
SqFt
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About the Listing YPLF - YDIAZHER
**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.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
DW26118773
Year Built
1955
Total Square Footage
3,649
Lot/Acreage
0.18
County
Los Angeles
Area
BOYH - Boyle Heights
Interior Details
- Bedrooms: 9
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner Lot,Front Yard,No Land Lease
- Garage Capacity: 1 car
- Parking Spaces: 14
- Zoning: LCR4YY
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5239005042
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
4045 Dennison St Los Angeles, CA 90023
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