For Sale
$849,000

4623 E 4th

Los Angeles, CA 90022

  • 9,555 sq ft lot

Listed by: Century 21 Allstars · 949-903-6633

About this home

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.

Home details

Exterior & lot

Lot size
9,555 sq ft (0.22 acres)
Lot features
Yard
View
None

Property & community

Property type
Land
Community
Suburban
County
Los Angeles
MLS #
DW26144759
Listed
Jul 2, 2026

Location

Listed by: Century 21 Allstars · 949-903-6633

Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

Listing data last updated Oct 7, 2026 3:30 am.

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Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

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