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223 E 74th Street, Los Angeles, CA 90003

$695,000

$339 per ft²

5 Bed

4 Bath

2,050 Sq Ft

0.1266 Acres

Listing Office: Global Platinum Properties, Inc.

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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.

Listing Agent: Armin Soleimani

License Number: 01846872

Offered by: Global Platinum Properties, Inc.

Office Phone: 424-394-1030

MLS: #26856919

California Regional MLS

Date Added: 07/07/2026 12:00:00 am

Last Update: 07/07/2026 11:45:58 pm

Days on Market: 2

Interior

Heating: true, Wall Furnace

Exterior

Parking: Gated, Parking spaces: 0

Construction

General: 1

Location

Originating MLS: CRMLS_CL
County: Los Angeles

Lot

Zoning: LAR2, 6022010023

Financial

Source: CRMLS_CL

Property

Year Built: 1926
Type: Multi-Family
Neighborhood: Florence
Parcel #: 6022010023

07/08/2026Active

07/08/2026$695,000@ 339 per ft²Listed

Listing Broker

Tade Keshishyan

1 @

License #: 02190628

Email: [email protected]

Phone: 8183592303

Location: CA

Last Updated: 07/07/2026 11:45:58 pm

Offered by: Armin Soleimani, 01846872, 310-666-2246 @ Global Platinum Properties, Inc.

MLS: #26856919

Source: California Regional MLS

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223 E 74th Street, Los Angeles, CA 90003 is a 5 Bed, 4 Bath, 2,050 Sq Ft, 0.1266 Acres, Multi-Family built in 1926.

This property is currently available and was listed by California Regional MLS on 07/07/2026 12:00:00 am. The MLS # for the property is MLS #26856919.