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$ 775,000
Est. payment /mo
New
223 E 74th Street Los Angeles, CA 90003
4 Beds
2,050 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,050 sqft
Price per Sqft $378
MLS Listing ID CL26858537
Bedrooms 4
HOA Y/N No
Year Built 1926
Lot Size 5,513 Sqft
Acres 0.13
Property Sub-Type OTHER
Property Description
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.
Location
State CA
County Los Angeles
Zoning LAR2
Interior
Heating Wall Furnace
Fireplace No
Building
New Construction No
Others
Tax ID 6022010023
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Armin Soleimani • Global Platinum Properties, Inc.
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