4623 E 4th
Listed by Danny Navarro CA DRE# 01938421 with Century 21 Allstars 949-903-6633
$849,000

4623 E 4th

9,555 Sq.Ft.

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 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.

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Location

4623 E 4th, Los Angeles, CA 90022

Status

For Sale

Property Amenities

Area & Lot
Lot Area 9,555 Sq.Ft.
MLS® ID DW26144759
View Description None
Type Land
Status For Sale
Exterior
Water Source Public
Lot Features Yard
Finance
Sales Price $849,000
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Schedule a Showing

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Work With Karina

Whether you’re buying your first home, selling a trust property, or navigating a probate sale, my goal is always the same: to provide honest guidance, strong advocacy, and a smooth experience from beginning to end. Real estate is about people, not just properties and I would be honored to help you take your next step.