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20 Beds
10 Baths
6,012 sqft

$1,900,000

4228 Dennison St, Los Angeles CA, 90023

Price per sqft$316.03
Built in1958
Property size6,012 sqft
Property typeMulti-family

Overview

Active

Listed Sep 29, 2026

Updated 10h 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
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.26 Acres

Also listed on CRMLS

Listed by Enrique Viramontes with Remax Commercial and Investment Realty
Listing Contact: 213-233-4363 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Amalfi Estates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/8/2026

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