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$999,888
4623 E 4th, Los Angeles, CA 90022
Century 21 Allstars
0Beds
1Days Listed
About This Property
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 bathroomsan 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 i
Danny NavarroCentury 21 Allstars949-903-6633
Property Location
Map
Property Details
- Property Type
- Land
- Bedrooms
- 0
- Bathrooms
- 0
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 1
- Cumulative Days on Market
- 2
- Original Price
- $999,888
Location & Neighborhood
What's nearby 4623 E 4th, Los Angeles, CA 90022
Nearby Schools
- Griffith STEAM Magnet Middle School0.2 mi
elementary
- Humphreys Elementary School0.3 mi
elementary
Parks & Recreation
- Belvedere Park0.5 mi
park
Transit Access
- Mednik / 4th0.1 mi
Bus Stop
- Maravilla0.2 mi
Train Station
- 0.2 mi
- Arizona / Eagle0.2 mi
Bus Stop
- 0.2 mi
Local Amenities
Dining
- East Los Tacos0.6 mi
- Tokyo Express: Chinese Food to Go0.6 mi
POI data updated 7/3/2026
Los Angeles Market Snapshot
1,479
Active Listings
$799K
Median Price
77
Avg Days on Market
Last updated: Jul 2, 2026
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Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$999,888