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4228 Dennison Street

Los Angeles, CA 90023
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Bed 20

Bed

Bath 10

Bath

SqFt6,012

Sqft

SqFt11,491

Sqft(Lot)

We are pleased to present an excellent opportunity to acquire a 10-unit multifamily investment property in East Los Angeles, offering investors an attractive combination of strong in-place cash flow, historically high occupancy, desirable two-bedroom units, and a highly convenient location.The property features 2-bedroom apartment units with plenty of onsite parking, providing a functional and appealing setup for residents. The property's historically high occupancy demonstrates consistent rental demand, providing a solid foundation for continued income generation.From an investment standpoint, the property offers immediate cash flow with a current capitalization rate of over 7%, while the pro forma capitalization rate exceeds 11%, presenting investors with substantial potential upside. Th is combination of strong current returns and future income potential makes the property an attractive opportunity for investors seeking both cash flow and value creation.The property is also exceptionally well positioned for accessibility, with convenient access to the 5 and 710 Freeways, providing efficient connectivity throughout Los Angeles County. Additionally, the property is minutes from Downtown Los Angeles, placing residents within easy reach of major employment centers, entertainment, dining, shopping, and cultural destinations.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,900,000

AD Id : 91569209

MLS Id : 26994359

Beds : 20

Lot Size : 11,491 Sq. Ft

Living Area Size : 6,012 Sq. Ft

Year Built : 1958

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 20

    Bathroom Information

    Total Baths: 10
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace

  • Building Information

    Year Built: 1958
    Building Area Total: 6012
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 11491 Lot Size Acres: 0.2638 Lot Size Source: Other Lot Size Square Feet: 11,491

  • Listing Price Information

    Listing Price: $1900000

  • Tax Information

    Parcel Number: 5239019001

  • Location Information

    Direction: Located just west of Downey Rd
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
947 S Sunol Drive, Los Angeles, CA, 90023 $1,229,900 7 7 -- 5,971 Sq. Ft
1219 S Downey, Los Angeles, CA, 90023 $1,249,000 10 4 -- 6,271 Sq. Ft
4015 Hubbard, Los Angeles, CA, 90023 $750,000 6 1 -- 7,470 Sq. Ft
4045 Dennison Street, Los Angeles, CA, 90023 $1,299,999 9 6 -- 8,032 Sq. Ft
1231 S Rowan Avenue, Los Angeles, CA, 90023 $1,490,000 6 5 2,863 5,338 Sq. Ft
801 S Hicks Avenue, Los Angeles, CA, 90023 $820,000 3 2 -- 5,838 Sq. Ft
3454 Sabina St, Los Angeles, CA, 90023 $989,888 8 7 -- 8,998 Sq. Ft
3577 Siskiyou, Los Angeles, CA, 90023 $880,000 3 2 -- 7,485 Sq. Ft
1119 Calzona, Los Angeles, CA, 90023 $724,449 4 2 -- 6,199 Sq. Ft
1127 Calzona, Los Angeles, CA, 90023 $730,000 3 3 -- 4,996 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/03/2026 @ 21:37

MLS: 26994359 LISTED BY: Enrique Viramontes, Remax Commercial and Investment Realty 213-817-1000 SOURCE: CRMLS

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