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4623 E 4 , Los Angeles, CA 90022

$849,999

20
beds
20
baths
1,392
sqft
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 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.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1951
  • 0.2194 Acre Lot
  • $0/ HOA
  • 2 Car Garage
  • 101 days on Market

  • Bedrooms
    20
  • Bathrooms
    20
  • Year Built
    1951
  • Stories
    1.0
  • Garage Spaces
    2.0
  • Living Area
    1392.0
  • Interior Features
    All Bedrooms Down
  • Appliances
    Dryer
  • Pool Features
    None
  • Cooling
    None

  • Acres
    0.2194
  • Lot Features
    Back Yard
  • View
    None
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 4623 E 4?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 4623 E 4.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 4623 E 4?

Click Ask a Question to talk with our team. You already know it is a 20 bed, 20 bath, listed for $849,999. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Los Angeles, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 4623 E 4?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 4623 E 4 at around $4,609. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 4623 E 4?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Los Angeles County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 4623 E 4?

In most cases, yes. Whether 4623 E 4 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Los Angeles's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 4623 E 4?

We can handle that for you. Our preferred local agent specializes in residentials in Los Angeles and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $849,999 with 1,392 sqft of space—that comes out to approximately $611 per square foot.

How long has this property been on the market?

4623 E 4 was listed on July 29, 2026, which means it's been on the market for 101 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1951, making it approximately 75 years old.

What is the lot size of this property?

4623 E 4 sits on a 0.22-acre lot, which is 9,583 square feet.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $0.

Is 4623 E 4 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information from California Regional Multiple Listing Service as of November 07, 2026 at 07:07AM All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: November 07, 2026 at 07:07AM | Source: California Regional Multiple Listing Service | MLS#: DW26165698