Koreatown (KREA) Homes with Two Levels Stories

Welcome to Koreatown (KREA), a vibrant and culturally rich neighborhood nestled in the heart of Los Angeles. Known for its lively atmosphere and diverse community, Koreatown offers a unique blend of traditional and modern influences that make it one of the most sought-after areas in the city. With its bustling streets lined with authentic Korean restaurants, trendy cafes, and eclectic shops, there’s always something to explore. The neighborhood is also home to numerous cultural festivals and events, showcasing its rich heritage and fostering a strong sense of community.

When it comes to real estate, Koreatown boasts an array of housing options, including stunning two-level homes that perfectly cater to modern lifestyles. These homes often feature spacious layouts, allowing for comfortable living and entertaining. Imagine enjoying your morning coffee on a sunlit balcony or hosting friends in an inviting living space that seamlessly flows from room to room. The two-level design not only provides added privacy but also offers the opportunity to create distinct spaces for work, leisure, and family gatherings.

Living in Koreatown means you’re never far from the action. With easy access to public transportation and major freeways, commuting to downtown Los Angeles or other popular neighborhoods is a breeze. Whether you’re a foodie, a culture enthusiast, or someone who simply enjoys the buzz of city life, Koreatown has something for everyone. Discover the charm of this dynamic neighborhood and explore the possibilities that await you in a beautiful two-level home in Koreatown. Your dream lifestyle is just a key turn away!

Newest Koreatown (KREA) Homes with Two Levels Stories

$1,300,000

5 Beds ⋅ 2 Baths ⋅ PW26163177 MLS ⋅ Active Status

Investor's Opportunity in Prime Mid-City Los Angeles! This well-maintained triplex presents an outstanding investment opportunity in one of Los Angeles' most desirable rental markets, just minutes from Koreatown, Downtown LA, USC, shopping, dining, schools, public transportation, and major freeways. Originally configured as a duplex, the property has been divided into three separate units, offering excellent rental income potential. The property features a desirable unit mix with two spacious 3-bedroom, 2-bath units in the front building and one 2-bedroom, 2-bath unit in the rear. It is currently generating approximately $5,000 per month in rental income, with tremendous upside potential. A spacious upstairs 3-bedroom, 2-bath unit is currently vacant, providing an excellent opportunity for an owner-user to move in immediately or for an investor to lease at current market rent and significantly increase cash flow. Some photos have been virtually staged to illustrate the property's potential. No physical furniture is included. Additional amenities include on-site laundry, ample rear parking, and a functional layout that appeals to long-term tenants. With strong income potential, an excellent location, and long-term appreciation opportunities, this property is ideal for both investors and owner-users looking to build wealth in the heart of Los Angeles. The property is located on a wide and clean street. Do not disturb tenants. Drive-by only.

1628 S Van Ness, Los Angeles

$1,199,000

9 Beds ⋅ 6 Baths ⋅ SR26135756 MLS ⋅ Active Status

Versatile residential-income opportunity in a central Los Angeles location near Koreatown, Downtown Los Angeles and USC. Situated on an approximately 5,908-square-foot LAR3 lot, this character property consists of two buildings with approximately 4,103 square feet of total building area. The main building features 5 bedrooms and 4 bathrooms, while the secondary building offers 4 bedrooms and 2 bathrooms, providing a flexible configuration for an owner-user or income-property investor. Spacious interiors feature updated flooring, recessed lighting and flexible living areas with abundant natural light. Highlights include generous rooms, inviting living spaces, a fireplace, updated kitchens and bathrooms, interior laundry facilities and a covered porch. The upper-level space opens to an outdoor area and views toward the Downtown Los Angeles skyline. A mix of private and shared areas provides flexibility for a variety of living and income-property arrangements. Conveniently located near major employment, dining, shopping, entertainment and transportation destinations throughout central Los Angeles. Buyer to independently verify all permits, square footage, unit configuration, bedroom and bathroom counts, zoning, rent-control status and allowable uses.

2970 W 11th, Los Angeles

$625,000

2 Beds ⋅ 2 Baths ⋅ PW26129037 MLS ⋅ Active Status

Property qualifies for $20,000 grant! Live where your weekends don’t need planning! Set in the heart of Koreatown, this home places you in one of Los Angeles’ most vibrant and connected neighborhoods. Where grabbing coffee, meeting friends for dinner, or enjoying a night out can all happen just blocks from your front door. Located in a controlled-access building, the home includes two subterranean tandem parking spaces and offers the ease of city living without sacrificing comfort. Inside, this home has a unique two story floor plan with no one above. The spacious open-concept layout creates an inviting place to gather, whether entertaining around the kitchen peninsula or relaxing fireside in the living room. Laminate flooring carries throughout the home, creating a cohesive and low-maintenance living space. Both bedrooms are on the second floor and offer generous amount of space, complemented by two full bathrooms. An added plus is the in-unit laundry. All appliances are included in the home and the HOA covers water and trash. Beyond the home, enjoy easy access to grocery stores, transit options, major commuter routes, and nearby destinations including Downtown LA, Hollywood, and Mid-Wilshire. Urban convenience, neighborhood energy, and a location that keeps your options open; this is Los Angeles living with everything close to home.

698 S Berendo Unit 206, Los Angeles

$1,400,000

4 Beds ⋅ 2 Baths ⋅ DW26099653 MLS ⋅ Active Status

fixer Fixer . Ideal For investors. Step into a rare piece of Los Angeles history with this remarkable two-story Neo-Classical residence located in the heart of Koreatown’s desirable Historic Preservation Overlay Zone (HPOZ). Designed by renowned architect Edward J. Borgmeyer .celebrated for his iconic theater designs throughout Southern California . this distinguished property was also his personal residence from 1912 to 1962, adding an extraordinary layer of architectural significance and provenance. Showcasing original brick construction and timeless old-world character, the main residence features 5 bedrooms and 2 bathrooms, offering a rare opportunity to restore and reimagine a true historic gem. Rich with classic architectural details, the home includes a formal dining room, spacious living areas, a kitchen with adjoining butler’s pantry, and an abundance of vintage charm throughout. Set on a generous lot in one of Koreatown’s most sought-after historic neighborhoods, This is an exceptional opportunity for investors, preservation enthusiasts, or buyers seeking a one of a kind restoration project with tremendous upside. With HPOZ zoning (LAR3), the possibilities are endless for bringing this architectural treasure back to its full glory.

138 N Manhattan, Los Angeles

$1,099,000

RS26069251 MLS ⋅ Active Status

Motivated Seller - $50K Price Reduction - 5.55% Current Cap Rate & 9.44% Pro Forma Cap Rate - 2942 W 12th Street, is an exceptionally located value-add triplex in the heart of Koreatown/Olympic Park consisting of a detached 5BD/2BA Craftsman house and a duplex with (1) 3BD/1BA unit and (1) 4BD/2BA unit, totaling approximately 5,020 rentable square feet on a 5,917 square foot LAR3 lot. The property offers a compelling investment profile with the two occupied units currently generating just $2,959/month combined at below-market rents, while the detached front house will be delivered vacant, providing immediate lease-up or owner-user flexibility. Current income is approximately $89,504 annually with the front unit rented and pro forma gross income projected at approximately $131,400. Representing over 50% upside in rents. The property also benefits from LAR3 zoning and Tier 2 TOC eligibility, creating longer term redevelopment and density bonus potential in one of Los Angeles’ most transit-oriented rental markets. Offered at an attractive price per square foot in a high demand location near Koreatown, Downtown LA, Metro access, and major employment hubs, this is a rare opportunity for investors seeking both current income upside and future development optionality

2942 W 12th, Los Angeles

$550,000

1 Baths ⋅ PW25198567 MLS ⋅ Active Status

$20,000 Free Grant available!! A Private Urban Retreat with Panoramic Views!! Welcome home to 620 S Gramercy Place Unit #412, a beautifully updated urban oasis where the vibrancy of Koreatown seamlessly meets the historic charm of Hancock Park. This isn't just a residence; it's a private retreat designed for modern living. Step inside this stunning unit and discover a bright, open floor plan. The updated kitchen is a chef's delight, boasting sleek countertops, stylish cabinetry, and stainless steel appliances that make both cooking and entertaining a pleasure. The smart layout features a separate loft space, providing a perfect division between your living and sleeping areas, ensuring privacy and tranquility. The updated bathroom offers a modern, clean design to start and end your day. Step out onto your private balcony and take in captivating views, the perfect spot for your morning coffee or an evening cocktail. Location is everything, and this unit delivers!! Your new home is also just steps away from the esteemed St. James' Episcopal School and Wilshire Park Elementary, making it a prime location for families. The building itself is a resort-style condominium with an array of amenities, including a rooftop pool and spa with panoramic views of Downtown LA and the Hollywood Hills, a fitness center and sauna room, and 24-hour on-site security with gated parking. With a remarkable Walk Score of 97, a true Walker's Paradise awaits. Explore the world-renowned dining and nightlife of Koreatown, or take a quick stroll to iconic Larchmont Village. Commuting is a breeze with excellent transit options, including the nearby Wilshire/Western Metro station. Best of all, you're only 13 miles from the sandy shores of Santa Monica, putting a classic California beach day well within reach. Live effortlessly in a location that truly has it all. This is an opportunity to own a piece of a truly dynamic and luxurious lifestyle.

620 S Gramercy Place Unit 412, 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.