4623 E 4th Los Angeles, CA $ 899,999
4623 E 4th
$ 899,999
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4623 E 4th

Los Angeles, CA, 90022
$ 899,999
Baths0.0 Sq 1,392

Monthly Estimate*

$ 5,683

Listed by Century 21 Allstars
4623 E 4th, Los Angeles, CA 90022 - Image 1
Studio

Multi-Family Home for sale in Los Angeles, CA

for $899,999. This 1,392 square foot home was built in 1951 on a lot size of 0.2194.

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

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Multi-Family Active

Price

$ 899,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2194

Year Built

1951

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW26165673

Days on Market

2

Features
General
Sewer None
Utilities Sewer Not Available
Garage Spaces 0
Pool Features None
Year Built 1951
Property Subtype Single Family Residence
Gross Income 0
Community Features Sidewalks
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Off 4th street
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 4
MLS Area BOYH - Boyle Heights
Lot Size Units Square Feet
Lot Size Square Feet 9555
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange FHA
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 6
Property Sub Type Additional Single Family Residence
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Interior
Total Stories 1
Common Walls 1 Common Wall
Laundry Features None
Entry Level 1
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Exterior
Lot Features Back Yard
Water Source Public
Total Parking 0
Lot Size Area 9555
Number of Buildings 2
Building Area Total 1392
Lot Size Acres 0.2194
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Century 21 Allstars

Broker

dannynteam@gmail.com

Email

Affordability Calculator

$5,683
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Monthly Principal & Interest
$5,683
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/29/2026$899,999 Listed Price

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4623 E 4th, Los Angeles, CA, 90022 is a Multi-Family Home for sale at $899,999 with 1,392 sqft and a lot size of 0.2194. 4623 E 4th is a studio with 0.0 baths and was built in 1951. The property's zip code is 90022 which is in Los Angeles, CA