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5 Beds
4 Baths
2,050 sqft

$775,000

223 E 74th Street, Los Angeles CA, 90003

Price per sqft$378.05
Built in1926
Property size2,050 sqft
Property typeResidential
Listed by Armin Soleimani CA DRE# 01846872 with Global Platinum Properties, Inc. 310-666-2246

Overview

Active

Listed Jul 10, 2026

Updated Aug 25

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.

$5,156/mo

Est. mortgage payment based on a $775,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26858537

Interior Features

Bedrooms
5
Bathrooms
4
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.13 Acres

Other Property Details

55+/Senior Community
No

Also listed on CLAW

MLS provider logo

Listed by Armin Soleimani CA DRE# 01846872 with Global Platinum Properties, Inc. 310-666-2246

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/25/2026 at 1:24 AM UTC Last Checked: 1:24 AM UTC

 

 

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