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Stacey Alysson Melman

4623 E 4th
Los Angeles, CA, 90022
$849,999
20 Beds
20 Baths
1,392 SqFt
0.22 Acres
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MLS #DW26165698 image #0
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.
AGENT: Danny Navarro
LISTING BROKERAGE: Century 21 Allstars
4623 E 4th
Los Angeles, CA

Property Details

Price:
$849,999
MLS #:
DW26165698
Status:
Active
Beds:
20
Baths:
20
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
boyhboyleheights
Listed Date:
Jul 29, 2026
Finished Sq Ft:
1,392
Lot Size:
9,555 sqft / 0.22 acres (approx)
Year Built:
1951
Boyh – Boyle HeightsBoyhboyleheightsAbc UnifiedNone
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Schools

School District:
ABC Unified

Interior

Bathrooms
20 Full Bathrooms
Cooling
None
Laundry Features
Gas & Electric Dryer Hookup, Dryer Included
Levels
One
Main Level Bathrooms
2
Main Level Bedrooms
3

Exterior

Common Walls
1 Common Wall
Community Features
Suburban
Covered Spaces
2
Garage Spaces
2
Lot Features
Back Yard
Parking Spots
2
Parking Total
2
Stories
1
View
None

Financial

Map

Community

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