$849,999

4623 E 4th, Los Angeles, CA 90022

  • 20 beds |
  • 20 baths |
  • 1,392 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1951
  • Property Lot Size Icon9,557sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $611/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

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

Listing Status:
Active
Date Added:
July 29, 2026
Data Last Updated:
August 24, 2026 at 2:13PM
Listing Office:
Century 21 Allstars : 562-863-2121
Listing Agent:
Danny Navarro : 949-903-6633
MLS ID:
DW26165698
  • Appliances: Dryer
  • Laundry: Gas & Electric Dryer HU
  • A/C: N/K
  • Fireplace: N/K
  • Pool: N/K
  • Parking: Parking spaces: 2
  • General: 1
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: 5247023021
  • View: N/K
  • Water: Public
  • Sewer: Private Sewer
  • Source: California Regional MLS

This listing courtesy of Danny Navarro , Century 21 Allstars

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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