4623 E 4th, Los Angeles, CA, 90022

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$849,999
52 Days On Site

4623 E 4th
Los Angeles, CA 90022

For Sale|Single Family Residence|Active
20
Beds
20
Total Baths
20
Full Baths
1,392
SqFt
$611
/SqFt
1951
Built
County:
Los Angeles
Listed by Danny Navarro of Century 21 Allstars dannynteam@gmail.com
Call Now: 951-203-4426
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951-203-4426
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Monthly Payment (Est.)

$3,878
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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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Listing Snapshot
Price 
$849,999
Days On Site 
52 Days
Bedrooms 
20
Inside Area (SqFt) 
1,392 sqft
Total Baths 
20
Full Baths 
20
Partial Baths 
N/A
Lot Size 
0.2194 Acres
Year Built 
1951
MLS® Number 
DW26165698
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoPrice changed to $849,999
a month agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.2194
Garage 
Yes
Garage Spaces 
2
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Sewer 
Private Sewer
Special Circumstances 
Standard
Water Source 
Public
Interior Features
Appliances 
Dryer
Fireplace Features 
None
Laundry Features 
Electric Dryer HookupGas Dryer Hookup
Main Level Bedrooms 
3
Bedroom 
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Exterior Features
Lot Features 
Back Yard
Pool Features 
None
View 
None
Waterview 
None
Community Features
Community Features 
Suburban
MLS Area 
BOYH - Boyle Heights
School District 
ABC Unified
Financing Terms Available 
CashConventionalContract1031 Exchange
Building Access 
1
Schools
School District
ABC Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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