4623 E 4th St Los Angeles, CA 90022
East Los Angeles AreaEstimated payment $5,432/month
Highlights
- No HOA
- Back Yard
- 1-Story Property
- Laundry Facilities
About This Home
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.
Listing Agent
Century 21 Allstars Brokerage Phone: 949-903-6633 License #01938421 Listed on: 07/29/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1951
Lot Details
- 9,555 Sq Ft Lot
- Back Yard
Parking
- 2 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,392 Sq Ft Home
- 1-Story Property
- Dryer
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Additional Features
- Suburban Location
- Private Sewer
Community Details
- No Home Owners Association
- Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 6 / 29
- Tax Tract Number 4190
- Assessor Parcel Number 5247023021
- $1 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,130 | $697,067 | $557,654 | $139,413 |
| 2024 | $8,922 | $683,400 | $546,720 | $136,680 |
| 2023 | $8,767 | $670,000 | $536,000 | $134,000 |
| 2022 | $1,443 | $63,231 | $23,069 | $40,162 |
| 2021 | $1,418 | $61,992 | $22,617 | $39,375 |
| 2020 | $1,419 | $61,358 | $22,386 | $38,972 |
| 2019 | $1,384 | $60,156 | $21,948 | $38,208 |
| 2018 | $1,297 | $58,977 | $21,518 | $37,459 |
| 2016 | $1,231 | $56,689 | $20,684 | $36,005 |
| 2015 | $1,215 | $55,839 | $20,374 | $35,465 |
| 2014 | $1,220 | $54,746 | $19,975 | $34,771 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/11/2026 08/11/26 | Price Changed | $849,999 | -5.6% | $611 / Sq Ft |
| 07/29/2026 07/29/26 | For Sale | $899,999 | 0.0% | $647 / Sq Ft |
| 07/11/2026 07/11/26 | Price Changed | $899,888 | -10.0% | -- |
| 07/02/2026 07/02/26 | For Sale | $999,888 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $670,000 | Wfg National Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $536,000 | New Conventional | |
| Previous Owner | $225,000 | Unknown | |
| Previous Owner | $125,000 | Unknown | |
| Previous Owner | $85,000 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW26165698
APN: 5247-023-021
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. 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
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