4623 E 4th, Los Angeles, CA 90022
Local realty services provided by:CENTURY 21 Allstars
4623 E 4th,Los Angeles, CA 90022
$899,999
- - Beds
- - Baths
- 1,392 sq. ft.
- Multi-family
- Active
Listed by:
Office: century 21 allstars562-863-2121
MLS#:DW26165673
Source:CRMLS
Price summary
- Price:$899,999
- Price per sq. ft.:$646.55
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
- Year built:1951
- Listing ID #:DW26165673
- Added:1 day(s) ago
- Updated:July 31, 2026 at 11:07 AM
Rooms and interior
- Living area:1,392 sq. ft.
Structure and exterior
- Year built:1951
- Building area:1,392 sq. ft.
- Lot area:0.22 Acres
- Lot Features:Back Yard
Utilities
- Water:Public
- Sewer:Sewer Not Available
Finances and disclosures
- Price:$899,999
- Price per sq. ft.:$646.55
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