# 4228 Dennison St, Los Angeles, CA 90023 > **TL;DR:** 20bd/10ba residential multi family, $1,900,000 ($316/sqft), built 1958, 6,012 sqft. > A/C. Est. $10,161/mo. Listed 33 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,900,000 | | Price/sqft | $316 | | Bedrooms | 20 | | Bathrooms | 1 full | | Square Feet | 6,012 | | Year Built | 1958 | | Lot Size | 11,487 sqft (0.26 acres) | | Stories | 2 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 33 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $9,607 | | Estimated Insurance | $554 | | **Total** | **$10,161** | ## Key Amenities - A/C ## Property Highlights - Built in 1958 - 0.26 acre lot - 2 stories - 15 parking spaces ## Description ### Agent 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 - **Address:** 4228 Dennison St, Los Angeles, CA 90023 - **County:** Los Angeles - **Coordinates:** 34.020509, -118.182616 - **Google Maps:** https://www.google.com/maps?q=34.020509,-118.182616 ## Listing Agent - **Name:** Enrique Viramontes · **License:** 01372010 - **Brokerage:** RE/MAX Commercial & Investment - **Broker Phone:** (310) 802-2500 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/4228-Dennison-St_Los-Angeles_CA_90023_M22256-15041?f=listhub&s=CLAWCA&m=26994359&c=propsimple) ## Photos ![4228 Dennison St - Photo 1](http://lh.rdcpix.com/0ec98f0fbad202638c8c41048bce960el-f2014346983r.jpg) ![4228 Dennison St - Photo 2](http://lh.rdcpix.com/0ec98f0fbad202638c8c41048bce960el-f1201298178r.jpg) ![4228 Dennison St - Photo 3](http://lh.rdcpix.com/0ec98f0fbad202638c8c41048bce960el-f1634856288r.jpg) ![4228 Dennison St - Photo 4](http://lh.rdcpix.com/0ec98f0fbad202638c8c41048bce960el-f1066007780r.jpg) ![4228 Dennison St - Photo 5](http://lh.rdcpix.com/0ec98f0fbad202638c8c41048bce960el-f3120350648r.jpg) --- **MLS#:** 26994359 | **Updated:** 2026-10-24 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/4228-dennison-st-los-angeles-ca-90023-40e3adf59c164de1ac38cbffed6b9667) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/4228-dennison-st-los-angeles-ca-90023-40e3adf59c164de1ac38cbffed6b9667#listing", "url": "https://www.propertysimple.ai/listing/4228-dennison-st-los-angeles-ca-90023-40e3adf59c164de1ac38cbffed6b9667", "name": "4228 Dennison St, Los Angeles, CA 90023", "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. 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