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Listed by Century 21 Allstars, Danny Navarro, Listing Contact: 949-903-6633
20 Beds
20 Baths
1,392 sqft

$849,999

4623 E 4th, Los Angeles CA, 90022

Price per sqft$610.63
Built in1951
Property size1,392 sqft
Property typeResidential

Overview

Active

Listed Jul 29, 2026

Updated 9 days ago

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'

$5,655/mo

Est. mortgage payment based on a $849,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRDW26165698

Interior Features

Bedrooms
20
Bathrooms
20
Basement
No

Exterior Features

Lot Size
0.22 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by Century 21 Allstars, Danny Navarro DRE:01938421,
Listing Contact: 949-903-6633 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kevin Cruz | CA DRE# 01981755 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Kevin Cruz | CA DRE# 01981755 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 1:38 PM UTC, 9/28/2026

 

 

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