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4228 Dennison St
Los Angeles CA 90023 US

$1,900,000

Active Listing ID 26994359
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20 bed
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6,012 square feet
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10.00 Bath (1 Full)
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Lot: 0.26 Acres
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Other

$1,900,000

Active Listing ID 26994359
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4228 Dennison St 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.

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Property Features

  • Facts
  • Lot Size: 0.26 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 1
  • Cooling System: Window Unit(s)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1900000
  • unparsedaddress: 4228 Dennison St
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90023
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2637
  • lotsizeunits: Acres
  • lotsizearea: 0.2637
  • livingarea: 6012
  • livingareaunits: Square Feet
  • latitude: 34.020509
  • longitude: -118.182616
  • listagentfullname: Enrique Viramontes
  • listagentemail: eviramontes@remaxcir.com
  • listagentkey: 3yd-CLAWCA-X76426
  • listagentmlsid: X76426
  • listagentpreferredphone: 2132334363
  • listagentofficephone: 2138171000
  • listofficekey: 3yd-CLAWCA-X7538301
  • listagentstatelicense: 01372010
  • listofficemlsid: X7538301
  • disclaimer: Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1958
  • listingcontractdate: 2026-09-29
  • listagentfax: 2138176079
  • listagenturl: http://www.creinvestmentcorp.com
  • countyorparish: Los Angeles
  • parcelnumber: 5239-019-001
  • cooling: Window Unit(s)
  • numberofunitstotal: 10
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 15
  • parkingfeatures: Covered, Carport, Assigned
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • rooms: Bedroom 7, Bedroom 12, Bathroom 7, Bedroom 20, Bedroom 10, Bathroom 9, Bedroom 19, Bedroom 15, Bathroom 1, Bedroom 8, Bedroom 6, Bedroom 5, Bathroom 3, Bedroom 17, Bedroom 4, Bedroom 11, Bedroom 3, Bathroom 5, Bathroom 8, Bathroom 10, Bedroom 18, Bathroom 2, Bedroom 2, Bedroom 9, Bedroom 16, Bathroom 4, Bathroom 6, Bedroom 13, Bedroom 1, Bedroom 14
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.18262, 34.020508
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Commercial & Investment", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"eviramontes@remaxcir.com", "ListBrokerageCity":"Torrance", "ListBrokerageCountry":"US", "ListBrokerageEmail":"slampe@remaxcir.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"RE/MAX Commercial & Investment", "ListBrokeragePhone":"(310) 802-2500", "ListBrokeragePostalCode":"90505", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"2nd Fl.", "ListBrokerageUnparsedAddress":"23740 Hawthorne Blvd.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"99 S Lake Ave ", "ListOfficeAddress2":"2nd Fl.", "ListOfficeBrokerMlsId":"X7538301", "ListOfficeCity":"Pasadena", "ListOfficeCountry":"US", "ListOfficeEmail":"slampe@remaxcir.com", "ListOfficePostalCode":"91101", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Los Angeles, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/4228-Dennison-St_Los-Angeles_CA_90023_M22256-15041?f=listhub&s=CLAWCA&m=26994359&c=rexren", "MLSModificationTimestamp":"2026-09-29 09:54:57", "Neighborhoods":[{"Description":null, "Name":"East LA"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/30/2026 1:46:57 PM GMT
Source Updated Date: 10/6/2026 12:47:03 AM GMT

Courtesy of: Enrique Viramontes, Remax Commercial and Investment Realty, eviramontes@remaxcir.com

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.