223 E 74th St Los Angeles, CA 90003
Florence NeighborhoodEstimated payment $4,801/month
Highlights
- Gated Parking
- Ceiling Fan
- 1-Story Property
About This Home
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.
Listing Agent
Global Platinum Properties, Inc. License #01846872 Listed on: 07/10/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1926
Parking
- Gated Parking
Home Design
- Triplex
Interior Spaces
- 2,050 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Additional Features
- 5,513 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 6022-010-023
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,946 | $546,600 | $390,429 | $156,171 |
| 2024 | $6,845 | $535,883 | $382,774 | $153,109 |
| 2023 | $6,717 | $525,376 | $375,269 | $150,107 |
| 2022 | $6,413 | $515,075 | $367,911 | $147,164 |
| 2021 | $6,329 | $504,977 | $360,698 | $144,279 |
| 2020 | $6,388 | $499,800 | $357,000 | $142,800 |
| 2019 | $6,144 | $490,000 | $350,000 | $140,000 |
| 2018 | $2,037 | $145,963 | $56,229 | $89,734 |
| 2016 | $1,929 | $140,297 | $54,047 | $86,250 |
| 2015 | $1,904 | $138,191 | $53,236 | $84,955 |
| 2014 | $1,931 | $135,485 | $52,194 | $83,291 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/10/2026 07/10/26 | For Sale | $775,000 | +58.2% | $378 / Sq Ft | |
| 09/06/2018 09/06/18 | Sold | $490,000 | -7.5% | $239 / Sq Ft | View Prior Sale |
| 07/11/2018 07/11/18 | For Sale | $530,000 | +8.2% | $259 / Sq Ft | |
| 07/03/2018 07/03/18 | Off Market | $490,000 | -- | -- | |
| 04/19/2018 04/19/18 | For Sale | $530,000 | -- | $259 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation | |
| Deed | -- | -- | |
| Grant Deed | $490,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Commonwealth Title | |
| Gift Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | -- | No Value Available | |
| Previous Owner | $367,500 | New Conventional | |
| Previous Owner | $382,200 | New Conventional |
Source: The MLS
MLS Number: 26858537
APN: 6022-010-023
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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Information is deemed reliable but not guaranteed.
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