4228 Dennison St, Los Angeles, CA 90023
4228 Dennison St, Los Angeles, CA 90023
4228 Dennison St, Los Angeles, CA 90023
4228 Dennison St, Los Angeles, CA 90023
4228 Dennison St, Los Angeles, CA 90023
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Shantrece's Assistant

+1(904) 846-3855
$ 1,900,000
Est. payment | /mo

20 Beds

10 Baths

6,012 SqFt

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$ 1,900,000
Est. payment | /mo
Save

20 Beds

10 Baths

6,012 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,012 sqft

Price per Sqft $316

MLS Listing ID 26994359

Bedrooms 20

Year Built 1958

Lot Size 0.264 Acres

Acres 0.2637

Property Sub-Type Multi-Family

Property 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.

Location

State CA

County Los Angeles

Area East La

Zoning LCR4YY

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Window Unit(s)

Equipment None

Exterior

Parking Features Carport Detached, Assigned, Uncovered

Garage Spaces 15.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Remax Commercial and Investment Realty

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4228 Dennison St