**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… Read More 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. Read Less
Courtesy of PLF Real Estate Solutions 562-639-9636
Listing Snapshot
Days Online
23
Last Updated
Property Type
Other
Beds
9
Square Ft.
3,649
Lot Size
0.18 Acres
Year Built
1955
MLS Number
DW26118773MR
Additional Details
Building
3,649 sq ft, Built in 1955, "Detached/No Common Walls"
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