Koreatown (KREA) Real Estate

Koreatown (KREA) Real Estate

Welcome to Koreatown (KREA), one of Los Angeles' most vibrant and culturally rich neighborhoods! Nestled in the heart of the city, Koreatown is a dynamic hub that perfectly blends tradition and modernity, making it a unique destination for both residents and visitors alike.

Koreatown is renowned for its bustling atmosphere, where the aroma of authentic Korean barbecue fills the air and the sounds of lively conversations echo through the streets. This eclectic neighborhood boasts an impressive array of restaurants, cafes, and shops, offering everything from traditional Korean dishes to trendy fusion cuisine. Whether you’re indulging in a late-night bibimbap or exploring one of the many karaoke bars, there’s always something exciting to discover.

Beyond its culinary delights, Koreatown is also home to a rich tapestry of cultural experiences. The area hosts various festivals and events throughout the year, celebrating Korean heritage and fostering a sense of community. With its vibrant nightlife, art galleries, and wellness centers, Koreatown is an ideal place for those seeking a balanced lifestyle.

Koreatown's strategic location provides easy access to the greater Los Angeles area, making it a convenient base for commuters and explorers alike. Public transportation options, including the Metro, ensure that you’re just a short ride away from downtown LA, Hollywood, and beyond.

Whether you’re looking to invest in a new home or simply explore a neighborhood bursting with energy and culture, Koreatown offers a unique blend of opportunities. Experience the charm and excitement of this remarkable community, where every corner tells a story and every moment is a celebration of life!

Newest Listings in Koreatown (KREA)

$1,300,000
PW26165467 MLS ⋅ Active Status
This is a bulk sale that includes 2836, 2842, 2846, 2854, and 2858 W. Pico Blvd. The total asking price for all five parcels is $6.5 million. The seller is not willing to sell the properties individually. The seller is also open to a 99-year ground lease. The asking ground lease rent is $32,500 per month for all five lots. The combined site area is approximately 32,500 square feet, making it an excellent opportunity for an affordable housing development in a prime location. The seller is currently pursuing entitlements with the HPOZ and the City Planning Department for a 100% affordable housing apartment project. The current proposal submitted to the City is for approximately 175 residential units. All five parcels must be sold together. This is an exceptional opportunity for developers and investors specializing in affordable housing or senior housing projects. Affordable housing developers and investors are encouraged to inquire.

2858 W Pico, Los Angeles
$1,300,000
PW26165438 MLS ⋅ Active Status
This is a bulk sale that includes 2836, 2842, 2846, 2854, and 2858 W. Pico Blvd. The total asking price for all five parcels is $6.5 million. The seller is not willing to sell the properties individually. The seller is also open to a 99-year ground lease. The asking ground lease rent is $32,500 per month for all five lots. The combined site area is approximately 32,500 square feet, making it an excellent opportunity for an affordable housing development in a prime location. The seller is currently pursuing entitlements with the HPOZ and the City Planning Department for a 100% affordable housing apartment project. The current proposal submitted to the City is for approximately 175 residential units. All five parcels must be sold together. This is an exceptional opportunity for developers and investors specializing in affordable housing or senior housing projects. Affordable housing developers and investors are encouraged to inquire.

2854 W Pico, Los Angeles
$1,300,000
PW26165411 MLS ⋅ Active Status
This is a bulk sale that includes 2836, 2842, 2846, 2854, and 2858 W. Pico Blvd. The total asking price for all five parcels is $6.5 million. The seller is not willing to sell the properties individually. The seller is also open to a 99-year ground lease. The asking ground lease rent is $32,500 per month for all five lots. The combined site area is approximately 32,500 square feet, making it an excellent opportunity for an affordable housing development in a prime location. The seller is currently pursuing entitlements with the HPOZ and the City Planning Department for a 100% affordable housing apartment project. The current proposal submitted to the City is for approximately 175 residential units. All five parcels must be sold together. This is an exceptional opportunity for developers and investors specializing in affordable housing or senior housing projects. Affordable housing developers and investors are encouraged to inquire.

2846 W Pico, Los Angeles
$1,300,000
PW26165346 MLS ⋅ Active Status
This is a bulk sale that includes 2836, 2842, 2846, 2854, and 2858 W. Pico Blvd. The total asking price for all five parcels is $6.5 million. The seller is not willing to sell the properties individually. The seller is also open to a 99-year ground lease. The asking ground lease rent is $32,500 per month for all five lots. The combined site area is approximately 32,500 square feet, making it an excellent opportunity for an affordable housing development in a prime location. The seller is currently pursuing entitlements with the HPOZ and the City Planning Department for a 100% affordable housing apartment project. The current proposal submitted to the City is for approximately 175 residential units. All five parcels must be sold together. This is an exceptional opportunity for developers and investors specializing in affordable housing or senior housing projects. Affordable housing developers and investors are encouraged to inquire.

2842 W Pico, Los Angeles
$499,900
2 Beds ⋅ 1 Baths ⋅ WS26165064 MLS ⋅ Active Status
Spanish-style gem nestled above street level in the vibrant and sought-after neighborhood of KoreaTown, Los Angeles! The residence seamlessly blends classic charm with modern conveniences, offering a truly enchanting living experience, with two bedrooms and one bathroom. The inviting open floor plan flows from the living room, dining area, and a beautifully appointed kitchen. Gleaming laminate floors and an abundance natural light create an atmosphere of warmth and comfort, making it perfect for both cozy nights in and evenings gatherings. Indulge in breathtaking sunset views from the front deck, a tranquil retreat to unwind and soak in the stunning Los Angeles skyline. With this idyllic setting, every evening becomes an opportunity to savor the beauty that Southern California has to offer. Relax and entertain in the enclosed patio. Additionally, two side patios offer convenience with one that has laundry hook ups to accommodate a stackable washer and dryer. There is also a one-car garage with its own assessor parcel number, while easy access to major freeways place you just minutes away from Downtown LA's vibrant cultural scene, the prestigious University of Southern California (USC), and the exciting Crypto arena. Snuggled in the heart of KoreaTown, this home boasts an enviable location where every amenity is within reach. Savor world-class dining, indulge in cultural experiences, and explore a diverse tapestry of entertainment options, all just moments away.

2989 W 12th Street, Los Angeles
$1,300,000
5 Beds ⋅ 3 Baths ⋅ PW26164705 MLS ⋅ Active Status
This is a bulk sale that includes 2836, 2842, 2846, 2854, and 2858 W. Pico Blvd. The total asking price for all five parcels is $6.5 million. The seller is not willing to sell the properties individually. The seller is also open to a 99-year ground lease. The asking ground lease rent is $32,500 per month for all five lots. The combined site area is approximately 32,500 square feet, making it an excellent opportunity for an affordable housing development in a prime location. The seller is currently pursuing entitlements with the HPOZ and the City Planning Department for a 100% affordable housing apartment project. The current proposal submitted to the City is for approximately 175 residential units. All five parcels must be sold together. This is an exceptional opportunity for developers and investors specializing in affordable housing or senior housing projects. Affordable housing developers and investors are encouraged to inquire.

2836 W Pico, Los Angeles
$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
$685,000
1 Beds ⋅ 2 Baths ⋅ RS26156776 MLS ⋅ Active Status
Welcome to Golden Galaxy, a newer condominium community in the heart of Koreatown, Los Angeles. This thoughtfully designed 1-bedroom, 2-bathroom unit offers a modern open-concept kitchen, a spacious primary suite with closet, and a beautiful open view overlooking the community swimming pool. The living area has been efficiently customized with an additional enclosed flex space, ideal for use as a private home office, study, guest area, or bonus room. This versatile layout maximizes the functionality of the home and is well suited for both comfortable city living and investment use. Residents enjoy a secure, gated complex with resort-style amenities, including a swimming pool, fitness center, recreation room, underground parking, and EV charging stations. Conveniently located within walking distance of restaurants, grocery stores, bus stops, and Metro access, with easy connections to Downtown Los Angeles and surrounding commercial districts. A wonderful opportunity to enjoy modern, convenient, and secure living in one of Los Angeles’ most vibrant neighborhoods.

2939 Leeward Ave Unit 420, Los Angeles
$679,000
2 Beds ⋅ 2 Baths ⋅ PW26155091 MLS ⋅ Active Status
Welcome to this beautifully maintained end-unit condominium in the heart of Koreatown, where natural light, 9-10ft High Ceiling, privacy, and convenience come together. Positioned with desirable eastern exposure and three large south-facing windows, this home enjoys abundant sunlight throughout the day, creating a warm and welcoming living environment. Adding to its appeal, the living room and bedrooms do not share walls with neighboring residential units, and there is no residential unit directly beneath, offering a level of privacy rarely found in condominium living. A private patio extends the living space outdoors and is perfect for enjoying your morning coffee or hosting friends. Complete with a storage shed, built-in storage bench, and privacy lattice, it offers both comfort and functionality. The thoughtfully designed open floor plan creates a seamless flow between the kitchen, dining, and living areas, making the home ideal for both everyday living and entertaining. Freshly painted and professionally deep cleaned, this move-in-ready residence includes a full appliance package with a refrigerator, stove, microwave, washer, dryer, central HVAC, and a brand-new dishwasher. Additional upgrades include new smoke alarms throughout, adjustable color-temperature LED lighting, and newly installed bi-fold laundry doors. Enjoy easy maintenance with no carpet throughout. The home features engineered hardwood flooring in the main living areas, laminate flooring in the bedrooms, and tile flooring in the kitchen and bathroom. Parking is one of the property's most impressive features. In addition to two assigned tandem parking spaces, the community offers an exceptional 15 guest parking spaces, including 11 individual stalls and 2 tandem spaces—an amenity that is rarely available in Koreatown. Residents also enjoy a gated community, comprehensive CCTV security, an on-site fitness center, and HOA dues of only $450 per month, which include water and trash. Conveniently located near grocery stores, restaurants, cafés, and just minutes from Downtown Los Angeles, this home offers an outstanding opportunity to enjoy bright interiors, exceptional privacy, generous parking, and a prime Koreatown location. Please note: Some listing photos have been virtually staged to illustrate the home's design potential. The property is being offered unfurnished unless otherwise specified.

917 S New Hampshire Unit 215, Los Angeles
$1,999,900
CV26148136 MLS ⋅ Active Status
Opportunity for value-add redevelopment in South Los Angeles. Located at 9019 South San Pedro Street, this 6,000-square-foot corner lot is improved with a 4-unit residential building currently subject to the Los Angeles Rent Stabilization Ordinance (RSO). Positioned on a corner lot with access from both San Pedro Street and the adjacent alley, the property offers site access that may provide flexibility for future development, parking design, and building layout. Developers may wish to explore opportunities under California’s AB 1287 Stacked Density Bonus Law and the City of Los Angeles Transit Oriented Communities (TOC) Tier 1 program. Located less than two blocks from the transit corridor along Manchester Avenue, the property may be eligible for increased residential density, potentially allowing up to 8 units in a 4-story building through applicable density bonus incentives, as well as potential parking reductions under AB 2097, subject to City approval and applicable regulations.

9019 S San Pedro, Los Angeles
$1,384,000
SR26132353 MLS ⋅ Active Status
The Berendo property currently consists of a turn-key ten multifamily units zoned LAR4-2, high density offering solid redevelopment potential. LAR4-2 zoning in Los Angeles permits high-density residential development, including apartment houses, multiple dwellings, and mixed use projects. The "LAR4" portion allows for 1 dwelling unit per 400 sq. ft. of lot area, while the "2" indicates a Height District 2 designation, generally allowing for unlimited height. Approximately 28% upside in rents. Separately metered for gas and electric. Individual water heaters. Pitched built up roof, raised foundation, gated. Fourteen parking spaces with new automatic gate. Well maintained property. Professionally managed. Excellent transportation. 96 Walkscore. Most recent single unit rented at $1,475 (June 2026). Newly reconstructed second floor exterior walkway. One block from Robert F. Kennedy Community School. Gated frontage and entry. Low maintenance landscaping. Unit mix consists of two, one bedroom units and eight large singles with kitchens. Can be delivered with two vacancies. Gross Rent Multiplier 9.71 at current rents, 7.54 at market. Capitalization rate 5.71% current, 8.16% at market. $138,400 cost per unit. $212 cost per square foot. Current rent per square foot at $2.03, estimated rent per square foot at market $2.67. Large lot with most parking leased separately.

749 S Berendo, Los Angeles
$1,595,000
SR26133862 MLS ⋅ Active Status
Prime Koreatown multifamily investment offering strong in-place income and exceptional redevelopment potential. Located near major transit corridors, dining, and employment centers, this LAR3-zoned property presents opportunities for future unit expansion and long-term value creation.

548 N Kenmore, 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.