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Listed by: Armin Soleimani (310) 666-2246 DRE #01846872, Julio Ruiz DRE #01911261 | Global Platinum Properties, Inc. (424) 394-1030
$775,000
Monthly Est:$3,857
5 Beds
4 Baths
2,050sqft
223 E 74th Street, Los Angeles, CA 90003
$775,000
$3,857/moEst:
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Multi Family
Built in 1926
$-- HOA
5,513 sqft lot
$378/sq.ft
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 ...
Continue Reading- Houzeo last checked: 3 minutes ago
- Listing updated: July 18, 2026 at 7:14 am
- Source: California Regional MLS-CA | MLS#: 26858537
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1926
HOA Fees
-
Finished Area
2,050 sqft
Lot Size
5,513 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26858537
MLS Status
Active
Days on Market
71
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Interior
Heating
Wall Furnace
Utilities & Energy
Parking Features
Gated
Price History
| Date | Event | Price |
|---|---|---|
07/10/2026 Source: | Listed for Sale | $775,000 +11.51% $378/sqft |
07/07/2026 Source: | Off Market | $695,000 $339/sqft |
07/07/2026 Source: | Listed for Sale | $695,000 $339/sqft |
Florence-Firestone Ranks #192 in Los Angeles, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 19, 2026, 09:31PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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