223 E 74th Street, Los Angeles, CA 90003

Los Angeles
Local realty services provided by:ERA Excel Realty
223 E 74th Street,Los Angeles, CA 90003
$775,000
  • 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#:26858537
Source:CRMLS

Price summary

  • Price:$775,000
  • Price per sq. ft.:$378.05

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% Cap Rate. What sets this asset apart is its stacked development profile: TOC Tier 2 status, an AB 2097 zone (eliminating minimum parking requirements), a Transit Priority Area, and an 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 #:26858537
  • Added:31 day(s) ago
  • Updated:August 11, 2026 at 11:09 AM

Rooms and interior

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

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

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

Finances and disclosures

  • Price:$775,000
  • Price per sq. ft.:$378.05

Parking

  • Parking description:Gated
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