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34202073

4623 E 4th, Los Angeles, CA 90022

DN
CA 01938421
Century 21 Allstars
Listed by Century 21 Allstars
$899,888
13 days on market
Updated 4 days ago

4623 E 4th

Details
APN 5247023021
Property Type Land
Sub Type Lots/Land
Acreage 0.219

Land | 0.219 acres

Marketing 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 bathroomsan 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 i
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Listing Contacts

DN
CA 01938421
Century 21 Allstars
Listed by Century 21 Allstars

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Zoning

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SP-ELA-3RD-ST SpecialSpecific Plan East Los Angeles 3rd Street
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Danny Navarro
License
01938421
Brokerage
Caterra Real Estate Team | Century 21 All Stars
Brokerage Phone
949-565-3017
Title
Real Estate
Brokerage Address
9155 Telegraph Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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