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$1,549,900
Listing Price9beds
6baths
3,649sqft
8,030sqft lot
4045 Dennison St, Los Angeles, CA 90023
Member Features
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Full foreclosure details
Home value, equity and ownership info
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Already a member?
For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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.
Interior Details
3649
9
6
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
8030
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Quadraplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$11,853
$520,200
$343,332
--%
$863,532
2019
$11,853
$510,000
$336,600
--%
$846,600
2018
$11,618
$500,000
$330,000
--%
$830,000
2017
$3,268
$19,829
$99,821
--%
$119,650
2016
$3,170
$19,441
$97,864
--%
$117,305
2014
$3,152
$18,774
$94,506
--%
$113,280
2013
$3,122
$18,690
$94,079
--%
$112,769
2012
$3,038
$18,324
$92,235
--%
$110,559
Average Home Price in 90023
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Calculators
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Details for 4045 DENNISON ST
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles



