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Listed by: Enrique Viramontes (213) 233-4363 DRE #01372010 | Remax Commercial and Investment Realty (213) 817-1000
$1,900,000
Monthly Est:$9,457
20 Beds
10 Baths
6,012sqft
4228 Dennison St, Los Angeles, CA 90023
$1,900,000
$9,457/moEst:
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Multi Family
Built in 1958
$-- HOA
11,491 sqft lot
$316/sq.ft
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.
- Houzeo last checked: 13 minutes ago
- Listing updated: October 7, 2026 at 7:13 am
- Source: California Regional MLS-CA | MLS#: 26994359
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1958
HOA Fees
-
Finished Area
6,012 sqft
Lot Size
11,491 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26994359
MLS Status
Active
Days on Market
9
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 20
Bathrooms: 10
Interior
Heating
Wall Furnace
Utilities & Energy
Parking Features
Assigned, Detached Carport, Uncovered
Price History
| Date | Event | Price |
|---|---|---|
09/29/2026 Source: | Listed for Sale | $1,900,000 +2.15% $316/sqft |
04/11/2022 Source: | Sold | $1,860,000 $309/sqft |
Getting Around 4228 Dennison St
Bike Score®
Bikeable
52/100
Walk Score®
Very Walkable
80/100
Transit Score®
Good Transit
54/100
Data provided by Redfin
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 02:30AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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