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$849,999

FOR SALE
Active

4623 E 4th

Los Angeles, CA

MLS# DW26165698

1,392 Sq Ft • Single Family Home20bd • 20ba
100 days on marketNalren refreshed

Listing Agent

Danny Navarro

Listing Agent

Century 21 Allstars

DRE #: 01938421

(949) 903-6633

Brokerage: Century 21 Allstars

Property Details

20

Bedrooms

20

Bathrooms

1,392 sqft

Square Feet

1951

Year Built

0.22 acres

Lot Size

$611

Price/Sq Ft

2

Garage Spaces

N/A

HOA

Single Family Home

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

Interior

Fireplace
No
Laundry Features
Electric Dryer Hookup, Gas Dryer Hookup
Appliances
Dryer
Interior Features
All Bedrooms Down

Exterior

Private Pool
No
Lot Features
Back Yard

Building

Year Built
1951
Living Area
1,392 sqft
Levels
One
Stories Total
1

Utilities

Cooling
None
Sewer
Private Sewer
Water Source
Public

Parking

Garage Spaces
2
Parking Total
2

Community / HOA

HOA
No
Association Fee
$0

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