Koreatown (KREA) Homes with Multi Family Subtype

Welcome to Koreatown, a vibrant and culturally rich neighborhood located in the heart of Los Angeles, California. Known for its bustling atmosphere, Koreatown is a melting pot of diverse cultures, offering an array of culinary delights, entertainment options, and unique shopping experiences. With an impressive skyline and a blend of historic and modern architecture, this area is not just a place to live—it's a lifestyle.

Koreatown is particularly appealing for those interested in multi-family homes. The multi-family housing market here is thriving, making it an excellent opportunity for both investors and families seeking spacious living arrangements. Whether you’re looking for a charming duplex, a contemporary apartment complex, or a cozy triplex, Koreatown has a variety of options that cater to different lifestyles and budgets.

One of the standout features of living in a multi-family home in Koreatown is the sense of community. Residents enjoy close proximity to parks, schools, and cultural centers, fostering a neighborhood atmosphere where neighbors become friends. The area is also well-connected to public transportation, making it easy to explore the greater Los Angeles area.

Koreatown boasts a lively nightlife scene, with trendy bars, karaoke lounges, and late-night eateries, ensuring that there's always something to do. Additionally, the neighborhood is home to several cultural festivals throughout the year, celebrating its rich heritage and bringing residents together.

If you're considering a move to Los Angeles, Koreatown offers a unique blend of culture, convenience, and community, making it an ideal place for your next home. Come discover the charm of Koreatown and explore the possibilities of multi-family living in this dynamic neighborhood!

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.