4623 E 4th, Los Angeles, CA 90022
Local realty services provided by:ERA North Orange County Real Estate
4623 E 4th,Los Angeles, CA 90022
$999,888
- 0.22 Acres
- Lots / Land
- Active
Listed by: danny navarro
Office: century 21 allstars562-863-2121
MLS#:DW26144759
Source:CRMLS
Price summary
- Price:$999,888
About this home
Prime Development Opportunity | RTI Plans Approved for Four Luxury Units | 4623 E 4th Street, Los Angeles, CA 90022
An exceptional investment opportunity in the heart of East Los Angeles! This property comes with approved plans for the construction of four modern, three-story residential units, each thoughtfully designed with 5 bedrooms and 5 bathrooms—an ideal layout for today's strong rental demand.
Skip the lengthy entitlement process and move directly toward construction with plans already approved, allowing investors and developers to accelerate their timeline. Once completed, the project is designed to offer approximately 20 bedrooms and 20 bathrooms across four spacious residences, making it an outstanding addition to any investment portfolio.
Based on the proposed unit configuration and current market conditions, the completed project has the potential to generate approximately $20,000 per month in gross rental income, though buyers should conduct their own due diligence to verify rental projections and operating assumptions.
Located just minutes from Downtown Los Angeles with convenient access to major freeways, schools, shopping, restaurants, and public transportation, this is a rare opportunity to develop a high-demand rental asset in one of East Los Angeles' most established neighborhoods.
Highlights:
Approved plans for 4 residential units
Three-story building design
Each unit features 5 bedrooms & 5 bathrooms
Excellent income-producing potential
Prime East Los Angeles location with strong rental demand
Buyer to verify all permits, plans, square footage, rental income projections, and development potential with the appropriate agencies and professionals....
Contact an agent
Home facts
- Listing ID #:DW26144759
- Added:1 day(s) ago
- Updated:July 03, 2026 at 02:22 PM
Structure and exterior
- Lot area:0.22 Acres
- Lot Features:Yard
Utilities
- Water:Public
Finances and disclosures
- Price:$999,888
New listings near 4623 E 4th
- New
$595,000Active2 beds 3 baths1,497 sq. ft.8800 Kester Avenue #129, Panorama City, CA 91402
MLS# BB26140220Listed by: HOMEWORKS REALTY - New
$599,995Active0 Acres1909 Pacific, Venice, CA 90291
MLS# BB26141483Listed by: BRAD KORB REAL ESTATE GROUP - New
$799,997Active0 Acres42 19th, Venice, CA 90291
MLS# BB26141487Listed by: BRAD KORB REAL ESTATE GROUP - New
$879,999Active4 beds 2 baths1,542 sq. ft.5340 6th, Los Angeles, CA 90043
MLS# DW26144122Listed by: EXP REALTY OF GREATER L.A - New
$1,089,000Active3 beds 3 baths401 W Avenue 37, Los Angeles, CA 90065
MLS# DW26144935Listed by: EXECUTIVE BANKERS REALTY - New
$699,000Active3 beds 2 baths1,140 sq. ft.1440 Veteran Avenue #356, Los Angeles, CA 90024
MLS# 226003144Listed by: SEVEN STAR PROPERTIES INC - New
$538,000Active1 beds 1 baths1,019 sq. ft.11656 Montana Avenue #302, Los Angeles, CA 90049
MLS# 26851771Listed by: COLDWELL BANKER REALTY - Coming Soon
$920,000Coming Soon1 beds 1 baths253 S Broadway #504, Los Angeles, CA 90012
MLS# 26852147Listed by: REAL ESTATE EBROKER INC. - New
$1,499,000Active6 beds 6 baths3,528 sq. ft.1125 S Ardmore Avenue, Los Angeles, CA 90006
MLS# 26855353Listed by: MI JEONG KIM - New
$779,000Active3 beds 2 baths1,172 sq. ft.11251 Dronfield, Pacoima, CA 91331
MLS# BB26144987Listed by: REMAX OPTIMA