CA > Los Angeles
Los Angeles, CA 90023,4045 Dennison ST
Los Angeles, CA 90023,4045 Dennison ST
Los Angeles, CA 90023,4045 Dennison ST
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$1,599,900
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8,032 Sqft Lot
Price Dropped by $50K

4045 Dennison ST Los Angeles, CA 90023

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Faby Llerandi

Faby Llerandi

+1(951) 520-0260

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25142693

HOA Y/N No

Year Built 1955

Lot Size 8,032 Sqft

Property Sub-Type Quadruplex

Property Description

Introducing 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. One unit will be delivered vacant, making it an ideal scenario for FHA buyers looking to offset their mortgage with rental income. All forms of financing will be considered, adding further accessibility to this standout opportunity. With a pro forma cap rate of 7.2 percent and a gross rent multiplier of 13, the property provides strong immediate cash flow and long-term potential. The expansive lot includes an impressive 12 parking spaces, a rare find in this area, and adds tremendous convenience and value to the asset. Zoned with potential under SB9, there is an opportunity for future lot split or development upside. Buyer to verify 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 and development potential. Do not miss your chance to secure one of the most versatile and strategic investment properties in Los Angeles.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LCR4YY

Interior

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Parking Features Assigned

Garage Spaces 1.0

Carport Spaces 2

Garage Description 1.0

Pool None

Community Features Urban

Total Parking Spaces 14

Private Pool No

Building

Lot Description Corner Lot, Front Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5239005042

Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

Lease Land No

CRMLS – RECore
Listed by Herbert Diaz PLF Real Estate Solutions 562-639-9636
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agent

Faby Llerandi

Broker Associate | License ID: 01157215

+1(951) 520-0260

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4045 Dennison ST

 
 
 
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