4228 Dennison St | Image 1
New
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$1,900,000

For Sale

8 days ago

4228 Dennison St, Los Angeles, CA

House

MLS® 26994359

20 Bed

10 Bath

6012 sqft

15 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 6012 sqft
Garage 
Taxes 
Days Active 8
Lot Size 0.2638 Acres
Approx. Age 1958
Avg. Price Per Sqft $316
MLS® Number 26994359

Property Address: 4228 Dennison St, Los Angeles, CA, 90023

Average square foot calculated using Size range provided by listing agent.

Description

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. This 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.
MLS® Number26994359
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1958
Basement
DrivewayAssigned, Detached Carport, Uncovered
Garage Spaces
HeatWall Furnace
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 29, 2026List Date
$1,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
4228 Dennison St, Los Angeles, CA

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