- – beds
- – baths
- – sqft
- 8,032 sqft lot
- 1955 build
- – on site
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.
Last checked:
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Last updated Jun 26, 2025
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MLS# DW25142693 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1955
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:3649.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:3
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Stories Total:2
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:4
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Levels:Two
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Entry Location:1
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Laundry:Gas Dryer Hookup, Inside, Washer Hookup
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Laundry:1
Location
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Directions:Take 5 freeway exit Indiana to Dennison
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Latitude:34.02057700
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Longitude:-118.18761300
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Zoning:LCR4YY
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Lot Features:Corner Lot, Front Yard
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Lot Size Area:8032.0000
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Lot Size Acres:0.1844
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Lot Size SqFt:8032.00
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Lot Size Source:Assessor
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Exclusions:Personal Property
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:5313.01
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Tax Tract:5313
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Tax Lot:58
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5239005042
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Urban
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Inclusions:n/a
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:14.00
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Garage Spaces:1.00
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Uncovered Spaces:11.00
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Carport Spaces:2.00
Extra Units
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Average 1 Bed Area:670
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Average 2 Bed Area:790
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Average 3 Bed Area:2190
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/25/25
Jun 25, 2025
|
Listed / Active | CRMLS_CA | $1,650,000 | 98.8% (12.9% / YR) |
10/20/17
Oct 20, 2017
|
CRMLS_CA | $830,000 |