Koreatown (KREA) Homes with Multi Family Subtype

Welcome to Koreatown (KREA), a vibrant and culturally rich neighborhood nestled in the heart of Los Angeles, California. Known for its lively atmosphere, diverse community, and delicious culinary offerings, Koreatown is a unique blend of modern living and traditional charm. With its bustling streets lined with shops, restaurants, and entertainment venues, this area is a magnet for those seeking a dynamic urban lifestyle.

Koreatown boasts a variety of housing options, particularly appealing to investors and families alike, with a notable emphasis on multi-family homes. These properties provide an excellent opportunity for those looking to capitalize on the rental market or accommodate extended family members under one roof. Multi-family homes in Koreatown typically feature spacious layouts and modern amenities, making them ideal for both investors and residents seeking a vibrant community atmosphere.

Living in Koreatown means embracing a lifestyle filled with convenience and accessibility. With a plethora of public transportation options, residents can easily navigate the city and beyond. The area is also home to numerous parks, cultural landmarks, and community events, ensuring there’s always something to see and do. From the aromatic scents wafting from authentic Korean BBQ joints to the lively karaoke bars that come alive at night, Koreatown is a place that truly celebrates its culture.

Whether you’re looking to invest in a multi-family home or simply want to experience the rich tapestry of life in Koreatown, this neighborhood offers a unique opportunity to be part of a thriving community in one of Los Angeles’ most exciting locales. Come and discover why Koreatown is the perfect place to call home!

Newest Koreatown (KREA) Homes with Multi Family Subtype

$1,999,999

SB26116412 MLS ⋅ Active Status

1035 W 17th Street is Rare Value-Add Multifamily Opportunity Near DTLA & Koreatown! Fully occupied 12-unit investment property located in the highly sought-after Pico-Union submarket, just minutes from Downtown Los Angeles, Koreatown, and USC. This stabilized asset offers immediate cash flow with approximately $112,000 NOI and a 5.63% CAP rate, while presenting a compelling opportunity to increase revenue through rental repositioning. Featuring a desirable mix of 1-bedroom and 2-bedroom units, the property benefits from strong in-place occupancy, consistent tenant demand, and a strategic location within one of Los Angeles' most active rental corridors. Investors will appreciate the combination of stable income today and significant upside tomorrow, with a projected 8–9% Pro Forma CAP rate through future rent growth. Opportunities to acquire a 100% occupied, cash-flowing 12-unit asset near DTLA at this price point are increasingly limited. Ideal for investors seeking immediate yield, long-term appreciation, and value-add potential in a high-demand urban market.

1035 W 17th, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.