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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$899,999

Est. payment - /mo

9,557 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26165673

HOA Y/N No

Year Built 1951

Lot Size 9,557 Sqft

Property Sub-Type Single Family Residence

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' 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

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Sidewalks

Utilities Available Sewer Not Available

Private Pool No

Building

Lot Description Back Yard

Story 1

Sewer None

Water Public

New Construction No

Others

Senior Community No

Tax ID 5247023021

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA

Special Listing Condition Standard

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Listed by Danny Navarro Century 21 Allstars 949-903-6633, DRE #01938421

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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4623 E 4th Los Angeles, CA 90022

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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