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Property

Property

Property

Property

Property

4623 4th, Los Angeles, CA 90022

$849,999 LOGIN TO SAVE

4623 4th, Los Angeles, CA 90022
Bedrooms: 20
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Bathrooms: 20
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Area: 1392 SqFt.

    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 bathroomsan 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 i

    Features

    ​​​​​​​

    Gerri-Lynn Fives

    Real Estate Agent
    Address:
    1111 Prospect St
    La Jolla, CA 92037
    Mobile:
    619-813-7193
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    Contact

    Gerri-Lynn Fives

    Gerri-Lynn Fives

    Do you have questions? We look forward to hearing from you. Contact Gerri-Lynn at 619-813-7193. To know more about Gerri-Lynn Fives, Click the button below to get the full information you need.

    ​​​​​​​Click Here

    Information

    1111 Prospect St
    La Jolla, CA 92037

    619-813-7193
    Send Message
    DRE# 01264757

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    Pacific Sothebys
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2016 Sandicor®, Inc.

    2017 © Gerri-Lynn Fives Pacific Sotheby's International Realty - ALL RIGHTS RESERVED - POWERED BY powered by Roya.com

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