Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
20 Beds
10 Baths
6,012 sqft

$1,900,000

4228 Dennison Street, Los Angeles CA, 90023

Price per sqft$316.03
Built in1958
Property size6,012 sqft
Property typeResidential
Listed by Enrique Viramontes CA DRE# 01372010 with Remax Commercial and Investment Realty 213-233-4363

Overview

Active

Listed Sep 29, 2026

Updated 9h ago

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.

$12,641/mo

Est. mortgage payment based on a $1,900,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26994359

Interior Features

Bedrooms
20
Bathrooms
10
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.26 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Enrique Viramontes CA DRE# 01372010 with Remax Commercial and Investment Realty 213-233-4363

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/7/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/7/2026 at 7:16 AM UTC Last Checked: 7:16 AM UTC

 

 

Powered by Luxury Presence