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 lively atmosphere, Koreatown is a unique blend of tradition and modernity, offering an unparalleled urban experience. With a diverse community, this area is celebrated for its authentic Korean cuisine, bustling markets, and vibrant nightlife, making it a popular destination for both residents and visitors alike.

Koreatown is not just a culinary hotspot; it’s also an emerging hub for real estate investment, particularly in multi-family homes. The multi-family housing options in this region are a fantastic choice for those looking to capitalize on the bustling rental market or for families seeking a communal living experience. With a range of properties available—from charming duplexes to modern apartment complexes—there’s something for everyone. These homes often come with attractive amenities, such as rooftop terraces with stunning city views, fitness centers, and communal gardens, fostering a sense of community among residents.

Living in Koreatown means you’ll never run out of things to do. Enjoy late-night karaoke, explore the local art scene, or unwind in one of the many parks. With convenient access to public transportation and major highways, commuting to downtown Los Angeles and beyond is a breeze.

Whether you’re an investor or a homebuyer, the multi-family homes in Koreatown offer a unique opportunity to immerse yourself in a thriving community while enjoying the benefits of urban living. Discover the charm of Koreatown today and see why it’s one of LA’s most sought-after neighborhoods!

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

Start Your Search

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.