223 E 74th Street, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

223 E 74th Street

Los Angeles, CA 90003
5 Beds
4 Baths
2,050 Sq Ft
Built 1926
$775,000

Property Overview

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.

Home Details

Property type
Residential Income
Year built
1926
Living area
2,050 sq ft
Lot size
5,513 sq ft
Stories
1
Days on market
8
MLS status
Active
Zoning
LAR2

Features & Amenities

Parking

  • Gated

Community, Schools & Utilities

Utilities

Heating
WallFurnace
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Location & Neighborhood

223 E 74th Street

Los Angeles, CA 90003

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Frequently Asked Questions About 223 E 74th Street

Property type: Residential Income

The current asking price is $775,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 223 E 74th Street. Our team will confirm availability and timing.
This 5 bedrooms and 4 bathrooms property offers approximately 2,050 square feet of living space. It was built in 1926. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 8 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Armin Soleimani
MLS ID: CLW-C120232

Available property

$775,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.