4623 E 4th, Los Angeles, CA

$849,999

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20

Beds

20

Baths

0.22

Acres

About 4623 E 4th

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

Features of 4623 E 4th

MLS® # DW26165673
Price $849,999
Bedrooms 20
Bathrooms 20.00
Acres 0.22
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 4623 E 4th
Area LOS ANGELES (90022)
City Los Angeles
County Los Angeles
State CA
Zip Code 90022

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes

Exterior

Lot Description Sidewalks

Additional Information

Date Listed July 29th, 2026
Days on Market 19
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 Allstars

Listing Map

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