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4623 E 4th
Single Family Residence 
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4623 E 4th 
$849,999
Offered at
Los Angeles, CA 90022
Los Angeles County
20
Beds
20
Baths
1,392
Sq Ft
9,557
Lot Sq Ft
1951
Year Built
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…
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.
Facts & Features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 20
- Full bathrooms: 20
Cooling
- Has cooling: No
Appliances
- Included: Dryer
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- Has fireplace: No
Interior area
- Total interior livable area: 1,392 sqft
Property
Parking
- Total spaces: 2
- Garage spaces: 2
Features
- Stories: 1
- Has private pool: No
- Has view: No
Lot
- Size: 0.22 Acres
- Features: Back Yard
Details
- Parcel number: 5247023021
Construction
Type & style
- Home type: Residential
- Property subtype: Single Family Residence
Condition
- Year built: 1951
Location
Mike Zwarg
Broker / Owner
951-528-0626
mike@mzhomes.us
mike@mzhomes.us
Listing Office: Century 21 Allstars · Listing Agent: Danny Navarro · 949-903-6633 · CRMLS
The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.
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4623 E 4th, Los Angeles, CA 90022
951-528-0626
mike@mzhomes.us
mzhomes.us
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