Koreatown (KREA) Homes with Multi Family Subtype

Welcome to Koreatown, a vibrant and culturally rich neighborhood nestled in the heart of Los Angeles, California. Known for its bustling streets, diverse culinary scene, and lively atmosphere, Koreatown is a unique blend of tradition and modernity. With a population that reflects a tapestry of cultures, this area is not just a place to live; it’s a community where you can experience the best of urban life.

Koreatown is famous for its 24-hour establishments, including Korean BBQ restaurants, karaoke bars, and trendy cafes, making it an ideal spot for night owls and food enthusiasts alike. The neighborhood is also home to numerous parks, fitness centers, and cultural landmarks, offering residents a balanced lifestyle filled with leisure and recreation.

When it comes to housing, Koreatown boasts a variety of options, particularly for those interested in multi-family homes. These properties are perfect for investors or families looking to live in close proximity while enjoying the benefits of shared space. Multi-family homes in Koreatown are characterized by their modern designs, spacious layouts, and convenient locations, often just steps away from public transportation and local amenities.

Whether you’re looking to invest or settle down, Koreatown offers a unique opportunity to immerse yourself in a vibrant community while enjoying the advantages of multi-family living. With its rich history, diverse culture, and dynamic lifestyle, Koreatown is not just a neighborhood; it's a place where you can truly feel at home. Explore the possibilities today and discover the charm of Koreatown living!

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.