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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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4045 Dennison Street Los Angeles, CA 90023
$1,299,999 0 beds, 0 baths
0 sqft
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**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.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# DW26118773
List price is $1,299,999
Beds: 0
Baths: 0
Built in 1955
2 stories
0.18 acres
Lot size: 0.1844
County: Los Angeles
Zoning: LCR4YY
Parking description: Assigned
Lot description: Corner Lot,Front Yard
MLS area: BOYH - Boyle Heights

Last Updated: 8/17/2026

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This listing belongs to the BOYH - Boyle Heights MLS area

Lat/Long: 34.020577, -118.187613.
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Listing Agent: Herbert Diaz
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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