4623 E 4th Los Angeles, CA 90022
Listing Courtesy of: CRMLS / Listed By: Danny Navarro, Century 21 Allstars - Contact:  949-903-6633

  4623 E 4th Los Angeles, CA 90022

Active (20 Days)
$899,888 (USD)

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.

MLS #:
DW26144759
Lot Size
9,555 SQFT
Type
Land
County
Los Angeles County

Listed By

Danny Navarro, DRE #01938421 CA, Century 21 Allstars, Contact: 949-903-6633
Source
CRMLS
Last checked Jul 22 2026 at 9:57 AM GMT-0800
Bathroom Details
Lot Information
  • Yard
Utility Information
  • Utilities: Water Source: Public

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 11, 2026
Price Changed
$899,888
-10%
-$100,000
Jul 02, 2026
Listed
$999,888
-
-
Additional Information: Allstars | 949-903-6633
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {7/22/26 02:57} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.