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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

Overview

Active

Listed Sep 29, 2026

Updated 2 days 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

Also listed on CLAW

Listed by Enrique Viramontes, Remax Commercial and Investment Realty, CA DRE 01372010

Listing Contact: 213-233-4363 

Based on information from the CRISNet MLS as of 10/8/2026, 7:24 AM UTC. 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. The 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.

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