If you try to install large application (application with size more than 30Mb) from local storage you can see Error 404.
The issue may be caused by the maxAllowedContentLength
default parameter value. For example, on Windows 2008 with IIS 7 it usually equals to 30000000 (so the application upload size limit is 30 Mb).
Need to setup this settings to huge value, i.e. by command:
"%WINDIR%\System32\inetsrv\appcmd.exe" set config "PleskControlPanel" -section:requestFiltering -requestLimits.maxAllowedContentLength:2000000000
%WINDIR% is environment variable which points to folder where Windows installed. Usually it is C:\Windows