Koreatown (KREA) Homes with Multi Family Subtype

Koreatown (KREA) Homes with Multi Family Subtype

Welcome to Koreatown (KREA), a vibrant and culturally rich neighborhood nestled in the heart of Los Angeles, California. Known for its dynamic blend of tradition and modernity, Koreatown is a thriving hub that offers a unique lifestyle, making it one of the most sought-after areas in the city. With its bustling streets, colorful markets, and a plethora of dining options ranging from authentic Korean BBQ to trendy cafes, Koreatown is a feast for the senses.

For those looking to invest in real estate, Koreatown presents an exciting opportunity, particularly with its multi-family homes. These properties are perfect for those seeking to embrace the area’s diverse community while also generating rental income. Multi-family homes in Koreatown often feature charming architectural styles, with many buildings reflecting the rich cultural heritage of the region. With a mix of apartments and duplexes, these homes cater to a variety of lifestyles, making them ideal for families, young professionals, and investors alike.

The neighborhood's strategic location offers easy access to public transportation, major freeways, and nearby attractions, ensuring that residents can enjoy the best of Los Angeles living. From the vibrant nightlife to cultural festivals and community events, Koreatown is alive with energy and opportunities.

Whether you’re looking to make a home or invest in a multi-family property, Koreatown (KREA) is a place where tradition meets modern living, and where every street corner tells a story. Come explore the possibilities that await in this enchanting 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.