4623 E 4th, Los Angeles, CA 90022
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Listed by Danny Navarro, DRE #01938421 • Century 21 Allstars
$ 899,999
Est. payment | /mo

9,555 Sqft Lot


Save
$ 899,999
Est. payment | /mo
Save

9,555 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRDW26165673

Year Built 1951

Lot Size 9,555 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property 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'

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Laundry None

Exterior

Pool None

Building

Sewer None

Water District - Public

Others

Tax ID 5247023021

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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4623 E 4th

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