223 E 74th Street, Los Angeles, CA 90003

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
223 E 74th Street,Los Angeles, CA 90003
$695,000
  • 5 Beds
  • 4 Baths
  • 2,050 sq. ft.
  • Multi-family
  • Active
Listed by: armin soleimani, julio ruiz
Office: global platinum properties, inc.424-394-1030
MLS#:26856919
Source:CRMLS

Price summary

  • Price:$695,000
  • Price per sq. ft.:$339.02

About this home

Optimized Triplex in LA's high-demand Florence neighborhood, offering a rare mix of strong day-1 cash flow and explosive, entitlement-backed development potential. Situated on a 5,513 SF LAR2 lot, the property features 2 distinct structures totaling 3 units: a detached front bungalow (2BR/1BA) and a rear duplex, operating at a strong 6.3% Cap Rate.What sets this asset apart is its stacked development profile: TOC Tier 2 status, located within an AB 2097 zone (completely eliminating minimum parking requirements), Transit Priority Area, and AB 2334 Very Low Vehicle Travel Area. Featuring eligibility flags for SB 9, ED 1, and the Citywide Adaptive Reuse Program, an incoming operator has multiple paths to add massive density. Use the expansive rear yard to build detached, non-RSO market-rate ADUs/JADUs to radically lift the rent roll. Perfect for value-add investors.

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Home facts

  • Year built:1926
  • Listing ID #:26856919
  • Added:1 day(s) ago
  • Updated:July 08, 2026 at 12:28 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Living area:2,050 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1926
  • Building area:2,050 sq. ft.
  • Lot area:0.13 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$695,000
  • Price per sq. ft.:$339.02

Parking

  • Parking description:Gated
Based on information from California Regional Multiple Listing Service, Inc. as of July 8, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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