Listed by Danny Navarro, Century 21 Allstars, (562) 863-2121
4623 E 4th St
Los Angeles, CA 90022
- 3 Beds
- 2 Baths
- 1,392 sqft
3 Beds
2 Baths
1,392 sqft
Home Highlights
Parking
Garage
HOA
None
Price/Sqft
$647
Listed
1 day ago
Local Information
-- mins to
About this House
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.
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.
Home Details for 4623 E 4th St
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Interior Details Number of Rooms: 1Types of Rooms: Bedroom |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 1392 Square Feet |
Appliances & Utilities Appliances: DryerDryerLaundry: Electric Dryer Hookup,Gas Dryer Hookup |
Heating & Cooling No CoolingAir Conditioning: None |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Windows, Doors, Floors & Walls Common Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Levels: OneEntry Location: 1 |
View No ViewView: None |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Private Sewer |
Surface & Elevation Elevation Units: Feet |
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Days on Market: 1 |
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Year Built Year Built: 1951 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: House |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 5247023021 |
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Price List Price: $899,999Price Per Sqft: $647 |
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MLS Status: Active |
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Direction & Address City: Los Angeles |
School Information High School District: ABC Unified |
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Listing Agent Listing ID: DW26165698 |
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Community Features: SuburbanNot Senior Community |
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Association for this Listing: California Regional MLSHOA Fee: No HOA Fee |
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Lot Area: 9555 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, Contract, 1031 Exchange |
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Mls Number: DW26165698Living Area Range Units: Square FeetAttribution Contact: 949-903-6633Common Interest: NoneUniversal Property Id: US-06037-N-5247023021-R-N |
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SuburbanSource Internet Entire Listing Display |
Last check for updates: about 9 hours ago
Listing Provided by: Danny Navarro DRE #01938421, (949) 903-6633
Century 21 Allstars
Originating MLS: California Regional MLS
Market trends in East Los Angeles
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
65
4MoM
Price History for 4623 E 4th St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/29/2026 | $899,999 | Listed For Sale | CRMLS #DW26165673 |
| 11/30/2022 | $670,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $9,130 |
| Assessment | $697,067 |
Home facts updated by county records
Comparable Sales for 4623 E 4th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Single-Family Home | $820,000 | 08/15/25 | 4 | 2 | 1,573 | |
0.11 | Single-Family Home | $850,000 | 11/24/25 | 3 | 2 | 1,001 | |
0.09 | Single-Family Home | $660,000 | 12/01/25 | 3 | 1 | 1,226 | |
0.35 | Single-Family Home | $720,000 | 05/20/26 | 3 | 2 | 1,188 | |
0.30 | Single-Family Home | $700,000 | 03/02/26 | 5 | 2 | 1,888 | |
0.15 | Single-Family Home | $665,000 | 05/29/26 | 2 | 1 | 857 | |
0.51 | Single-Family Home | $800,000 | 04/02/26 | 3 | 3 | 1,320 | |
0.36 | Single-Family Home | $749,000 | 12/15/25 | 3 | 3 | 1,294 | |
0.56 | Single-Family Home | $785,000 | 06/12/26 | 3 | 2 | 1,120 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 4623 E 4th St.
What Locals Say about East Los Angeles
At least 915 Trulia users voted on each feature.
90 % Say there are sidewalks
75 % Say car is needed
73 % Say yards are well-kept
69 % Say it's dog friendly
68 % Say it's walkable to grocery stores
68 % Say there's holiday spirit
62 % Say it's walkable to restaurants
56 % Say streets are well-lit
53 % Say kids play outside
52 % Say they plan to stay for at least 5 years
49 % Say neighbors are friendly
41 % Say people would walk alone at night
36 % Say there's wildlife
36 % Say it's quiet
25 % Say there are community events
24 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Danny Navarro, Century 21 Allstars
Agent Phone: (949) 903-6633

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-29 07:30:49 PDT and /or other sources. 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-29 07:30:49 PDT and /or other sources. 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
4623 E 4th St, Los Angeles, CA 90022 is a 3 bedroom, 2 bathroom, 1,392 sqft single-family home built in 1951. This property is currently available for sale and was listed by CRMLS on Jul 29, 2026. The MLS # for this home is MLS# DW26165698.