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225 E 74th St
Los Angeles, CA 90003
Triplex in Southeast Los Angeles · Multifamily Property For Sale
·
3 Units
Investment Highlights
- Triplex (3 units) — detached front bungalow + duplex; individual character with add-value flexibility
- 5,188 SF lot | R2-1 zoning | Low Medium II Residential General Plan
- TOC Tier 2 density bonus eligibility for a larger redevelopment play
- 6.3% cap rate in place, fully rented and cash-flowing day one
- ADU / JADU upside — generous rear-yard footprint with no parking minimums (AB 2097) to support new detached units
- SB 9, ED 1, and Adaptive Reuse eligibility flags — multiple byright density pathways
Executive Summary
225 E 74th Street is a well-located triplex in the Florence
neighborhood of Southeast Los Angeles, offering a rare
combination of in-place cash flow and substantial, entitlementbacked
upside. The property sits on a 5,188 SF lot (0.125 acre)
zoned R2-1 with a Low Medium II Residential General Plan
designation, and is currently improved with two structures
totaling three units — a detached front bungalow (2BR/1BA,
±646 SF) and a duplex (±1,404 SF). Fully rented, the asset is
operating at a 6.3% cap rate today, with a clear runway to grow
income through market-rate turnover and ground-up unit
additions.
neighborhood of Southeast Los Angeles, offering a rare
combination of in-place cash flow and substantial, entitlementbacked
upside. The property sits on a 5,188 SF lot (0.125 acre)
zoned R2-1 with a Low Medium II Residential General Plan
designation, and is currently improved with two structures
totaling three units — a detached front bungalow (2BR/1BA,
±646 SF) and a duplex (±1,404 SF). Fully rented, the asset is
operating at a 6.3% cap rate today, with a clear runway to grow
income through market-rate turnover and ground-up unit
additions.
Property Facts
| Price Per Unit | $363,798 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 6.03% | Building Size | 2,050 SF |
| Gross Rent Multiplier | 11.46 | Average Occupancy | 67% |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1926 |
| Property Subtype | Apartment | Parking Ratio | 1.95/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R2 - Restricted Density Multiple Dwelling | ||
| Price Per Unit | $363,798 CAD |
| Sale Type | Investment |
| Cap Rate | 6.03% |
| Gross Rent Multiplier | 11.46 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 2,050 SF |
| Average Occupancy | 67% |
| No. Stories | 1 |
| Year Built | 1926 |
| Parking Ratio | 1.95/1,000 SF |
| Zoning | R2 - Restricted Density Multiple Dwelling |
Property Taxes
| Parcel Number | 6022-010-023 | Improvements Assessment | $219,928 CAD |
| Land Assessment | $549,822 CAD | Total Assessment | $769,749 CAD |
Property Taxes
Parcel Number
6022-010-023
Land Assessment
$549,822 CAD
Improvements Assessment
$219,928 CAD
Total Assessment
$769,749 CAD
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