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4623 E 4th

Los Angeles, CA 90022
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$849,000 $3,579/Mo
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SqFt9,555

Sqft(Lot)

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 un it 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.

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Detail Ic Property Details

Property Type : Land

Price : $849,000

AD Id : 87554178

MLS Id : DW26144759

Lot Size : 9,555 Sqft(Lot)

County : Los Angeles

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  • Lot Information

    Main Square Feet: 9555 Lot Size Acres: 0.2194 Lot Size Source: Assessor Lot Size Square Feet: 9,555 Lot Description: Yard

  • Listing Price Information

    Listing Price: $849000
    Original Price: $999888
    Cash

  • Tax Information

    Parcel Number: 5247023021 Tax Lot: 6 Tax Block: 29

  • Location Information

    Direction: Near 3rd street WaterSource: Public
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/20/2026 @ 20:46

MLS: DW26144759 LISTED BY: Danny Navarro, Century 21 Allstars 562-863-2121 SOURCE: CRMLS

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