Entitled Land for Four Residential
For Sale
$999,888
4623 E 4th, Los Angeles, CA 90022
RTI plans approved for four three-story residences on a development lot.
Property SizeContact for details
Days on Market36
Property Features for 4623 E 4th
General Information
Standard status
Active
Property subtype
Land
Additional Details
Highway Access
Yes
Multifamily Units
4
Listing Agency:
Century 21 Allstars
(949) 903-6633
Listed By:
Danny Navarro · License #01938421
(949) 903-6633
Source:
Elliman
Added: Jul 5
Changed: Aug 8
Last Checked: Jul 5 at 9:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Allstars
Investment Insights
Based on property information with market context.
For sale development land at 4623 E 4th Street, Los Angeles, CA 90022, with RTI plans approved for four residential units. The approved concept calls for three-story homes, each laid out with 5 bedrooms and 5 bathrooms.
The proposed configuration totals approximately 20 bedrooms and 20 bathrooms across four residences. The remarks indicate this plan is intended to help avoid a lengthy entitlement process, allowing a buyer to move toward construction with approvals already in place.
The offering materials also include an estimate of potential gross rental income of approximately $20,000 per month upon completion; buyers should conduct their own due diligence to verify assumptions. The property is described as being minutes from Downtown Los Angeles with convenient access to major freeways, schools, shopping, restaurants, and public transportation.
The proposed configuration totals approximately 20 bedrooms and 20 bathrooms across four residences. The remarks indicate this plan is intended to help avoid a lengthy entitlement process, allowing a buyer to move toward construction with approvals already in place.
The offering materials also include an estimate of potential gross rental income of approximately $20,000 per month upon completion; buyers should conduct their own due diligence to verify assumptions. The property is described as being minutes from Downtown Los Angeles with convenient access to major freeways, schools, shopping, restaurants, and public transportation.
Key Highlights
- RTI plans approved for four three‑story residential units at 4623 E 4th Street, Los Angeles, CA 90022
- Each unit planned as 5 bedrooms and 5 bathrooms, for a total proposed layout of ~20 bedrooms and ~20 bathrooms
- Plans approved to move toward construction without the lengthy entitlement process
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
692
Businesses Nearby
Explore this area
Business Placement
Demographics for 90022, CA
64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - RTI plans approved for four three-story residences on a development lot.
Where is this residential land & home lot located?
The property is located at 4623 E 4th Los Angeles, CA.
What is the asking price?
The asking price for this property is $999,888.
What are key features of this property?
This property features: RTI plans approved for four three‑story residential units at 4623 E 4th Street, Los Angeles, CA 90022; Each unit planned as 5 bedrooms and 5 bathrooms, for a total proposed layout of ~20 bedrooms and ~20 bathrooms; Plans approved to move toward construction without the lengthy entitlement process
