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$849,000

FOR SALE
Active

4623 E 4th

Los Angeles, CA

MLS# DW26144759

127 days on marketNalren refreshed

Listing Agent

Danny Navarro

Listing Agent

Century 21 Allstars

DRE #: 01938421

(949) 903-6633

Brokerage: Century 21 Allstars

Property Details

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Bedrooms

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Bathrooms

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Square Feet

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Year Built

0.22 acres

Lot Size

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Price/Sq Ft

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Garage Spaces

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HOA

N/A

Property Type

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.

Facts & Features

Exterior

Lot Features
Yard

Utilities

Water Source
Public

Community / HOA

HOA
No
Association Fee
$0

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