For Sale
$849,999

4623 E 4th

Los Angeles, CA 90022

  • 20 beds
  • 20 baths
  • 1,392 sq ft
  • 9,555 sq ft lot
  • Built 1951

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

Interior

Bedrooms
20
Full bathrooms
20
Living area
1,392 sq ft
Levels
One
Laundry
Gas & Electric Dryer Hookup, Dryer Included
Fireplace
None
Cooling
None

Exterior & lot

Lot size
9,555 sq ft (0.22 acres)
Lot features
Back Yard
View
None
Pool
None
Garage spaces
2
Common walls
1 Common Wall

Property & community

Property type
Single Family Residence
Year built
1951
Community
Suburban
School district
ABC Unified
County
Los Angeles
MLS #
DW26165698
Listed
Jul 29, 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 12, 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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