4623 E 4th, Los Angeles, CA 90022
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
4623 E 4th,Los Angeles, CA 90022
$899,888
- 0.22 Acres
- Lots / Land
- Active
Listed by: danny navarro
Office: century 21 allstars562-863-2121
MLS#:DW26144759
Source:CRMLS
Price summary
- Price:$899,888
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:22 day(s) ago
- Updated:July 25, 2026 at 10:45 AM
Structure and exterior
- Lot area:0.22 Acres
- Lot Features:Yard
Utilities
- Water:Public
Finances and disclosures
- Price:$899,888
New listings near 4623 E 4th
- New
$745,000Active4 beds 3 baths1,871 sq. ft.1507 Mission, Los Angeles, CA 90047
MLS# OC26161534Listed by: FIRST TEAM REAL ESTATE - New
$450,000Active2 beds 1 baths859 sq. ft.6275 Canoga #61, Woodland Hills, CA 91367
MLS# SR26157799Listed by: THE ONE LUXURY PROPERTIES - New
$1,050,000Active3 beds 2 baths1,376 sq. ft.14138 Lemay Street, Van Nuys, CA 91405
MLS# SR26162159Listed by: REAL BROKERAGE TECHNOLOGIES, INC. - Open Sun, 1 to 4pmNew
$1,099,900Active4 beds 3 baths2,231 sq. ft.19954 Crystal Hills Lane, Porter Ranch, CA 91326
MLS# SR26162284Listed by: PINNACLE ESTATE PROPERTIES - New
$700,000Active1 beds 1 baths840 sq. ft.8250 Fair, Sun Valley, CA 91352
MLS# SR26162295Listed by: PINNACLE ESTATE PROPERTIES, INC. - New
$3,095,000Active3 beds 5 baths18 Sunset, Venice, CA 90291
MLS# SR26162423Listed by: REALTY NETWORK - New
$130,000Active0 Acres3634 E Roberta, Los Angeles, CA 90031
MLS# SR26162507Listed by: DREAM HOME REALTY - New
$1,195,000Active7 beds 5 baths734 W 27th, San Pedro, CA 90731
MLS# PW26161519Listed by: HOME BASE REALTY INC - New
$3,095,000Active-- beds -- baths4,560 sq. ft.18 Sunset, Venice, CA 90291
MLS# SR26162423Listed by: REALTY NETWORK - New
$130,000Active0.11 Acres3630 E Roberta St Street, Los Angeles, CA 90031
MLS# SR26162500Listed by: DREAM HOME REALTY