Four-Unit Multifamily with 12
4045 Dennison Street Los Angeles, CA 90023
4045 Dennison Street, Los Angeles, CA, 90023
Contact for pricing
For Sale
Contact for pricing
Corner-lot quadplex configuration with a duplex and two detached homes, plus 12 parking spaces.
Days on Market51
Property Features for 4045 Dennison Street
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
PLF Real Estate Solutions
(562) 639-9636
Listed by
Herbert Diaz · License #01458024
Source
Crexi
Added: Jun 1 Updated: Jul 20 at 6:56PM Checked: Jul 20 at 6:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PLF Real Estate Solutions
Investment Insights
Based on property information with market context.
This four-unit income property is configured as a duplex plus two detached single-family residences, creating a layout that can support privacy and flexibility. The asset is situated on a corner lot and includes 12 parking spaces, a notable convenience for residents and tenants.
The seller’s materials reference an estimated cap rate of approximately 7.30% and a gross rent multiplier of approximately 11.04, based on current income and updated operating expense figures. The property is described as having potential under SB 9; buyers are directed to verify all zoning, development, and SB 9 possibilities with the City of Los Angeles.
As a result, this offering presents a straightforward four-unit portfolio with on-site parking capacity and a described pathway for buyers to evaluate future lot-split or development options, subject to city confirmation.
The seller’s materials reference an estimated cap rate of approximately 7.30% and a gross rent multiplier of approximately 11.04, based on current income and updated operating expense figures. The property is described as having potential under SB 9; buyers are directed to verify all zoning, development, and SB 9 possibilities with the City of Los Angeles.
As a result, this offering presents a straightforward four-unit portfolio with on-site parking capacity and a described pathway for buyers to evaluate future lot-split or development options, subject to city confirmation.
Key Highlights
- Four‑unit income property on a prominent corner lot with a duplex plus two detached single‑family residences
- Includes 12 parking spaces for tenant/guest parking
- Estimated cap rate of approximately 7.30% and estimated gross rent multiplier of approximately 11.04 based on current income and updated operating expenses
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Corner-lot quadplex configuration with a duplex and two detached homes, plus 12 parking spaces.
Where is this quadplex located?
The property is located at 4045 Dennison Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,295,900.
What are key features of this property?
This property features: Four‑unit income property on a prominent corner lot with a duplex plus two detached single‑family residences; Includes 12 parking spaces for tenant/guest parking; Estimated cap rate of approximately 7.30% and estimated gross rent multiplier of approximately 11.04 based on current income and updated operating expenses
