Koreatown (KREA) Homes with Multi Family Subtype

Welcome to Koreatown (KREA), one of Los Angeles' most vibrant and culturally rich neighborhoods! Nestled in the heart of LA, Koreatown is a bustling hub known for its diverse community, eclectic dining options, and lively atmosphere. With a unique blend of traditional and contemporary influences, this area offers a one-of-a-kind living experience that captures the essence of urban life in Southern California.

Koreatown is particularly renowned for its impressive selection of multi-family homes, making it an ideal choice for investors and families alike. These multi-family properties not only provide ample living space but also present an exceptional opportunity for rental income, given the area's high demand for housing. With a variety of architectural styles, from charming vintage buildings to modern complexes, there’s something to suit every taste and preference.

Living in Koreatown means immersing yourself in a rich tapestry of culture and community. Residents enjoy easy access to an array of amenities, including trendy cafes, authentic Korean BBQ restaurants, and vibrant nightlife. The neighborhood is also well-connected by public transportation, making it easy to explore the wider Los Angeles area.

Whether you’re looking to invest in a multi-family property or seeking a new home for your family, Koreatown offers a dynamic lifestyle with endless possibilities. Experience the energy and charm of this unique neighborhood—where tradition meets modernity, and community thrives in every corner!

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.