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4623 E 4th

Los Angeles, CA 90022
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$999,888 $4,215/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 unit con figuration 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 : $999,888

AD Id : 87554178

MLS Id : DW26144759

Lot Size : 9,555 Sqft(Lot)

County : Los Angeles

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  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2194
  • Lot Size Source: Assessor Lot Size Square Feet: 9555

  • Listing Price Information

    Original List Price: 999,888 Listing Contract Date: 2026-07-02

  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5247023021

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: BOYH - Boyle Heights Directions: Near 3rd street Zoning: lard 1.5 Source Property Type: Land Area: BOYH - Boyle Heights
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Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 07/06/2026 @ 15:07

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

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