Koreatown (KREA) Homes with Multi Family Subtype

Welcome to Koreatown, a vibrant neighborhood nestled in the heart of Los Angeles, California. Known for its rich cultural tapestry, Koreatown is a dynamic hub that beautifully blends tradition with modernity. This area is renowned for its bustling streets, diverse culinary scene, and thriving community spirit. With a mix of residential and commercial spaces, Koreatown is not just a place to live; it’s a lifestyle.

For those interested in real estate, Koreatown offers a unique opportunity with its multi-family homes. These properties are perfect for investors looking to capitalize on the area’s growing popularity or for families seeking to live close to one another while enjoying the benefits of urban living. Multi-family homes in Koreatown provide an ideal solution for those wanting to embrace the community-oriented lifestyle that this neighborhood embodies.

Living in Koreatown means having access to an array of amenities right at your doorstep. Enjoy authentic Korean BBQ, explore trendy cafes, and immerse yourself in the vibrant nightlife. The area is also conveniently located near public transportation, making commuting to downtown LA and beyond a breeze.

With its rich history, diverse population, and an ever-evolving landscape, Koreatown is more than just a neighborhood; it’s a thriving community where cultures converge and opportunities abound. Whether you’re looking to invest in a multi-family home or seeking a place to call your own, Koreatown is a captivating choice that promises a life filled with excitement and connection. Discover the charm of Koreatown and find your perfect home today!

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.