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4045 Dennison St

East Los Angeles CA 90023

9
6
8032 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

9 bedrooms
6 bathrooms
8032 sq. ft. lot size
Multi-Family

Property history for 4045 Dennison St

2017
Sold
$830,000
20 Oct 2017 by Herb Diaz

Happy sellers in East Los Angeles

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We have insufficient information to provide an overview of customer satisfaction for East Los Angeles. Viewing the agent profiles, reviews and sales for East Los Angeles can provide insights for this location.

Local market activity for 9 bedroom multi families in East Los Angeles

In the last 12 months, 2 nine-bedroom multi families similar to 4045 Dennison St, have been sold.

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