Koreatown (KREA) Homes with Quadruplex Subtype

Koreatown (KREA) Homes with Quadruplex Subtype

Welcome to Koreatown, one of Los Angeles' most vibrant and culturally rich neighborhoods! Nestled in the heart of the city, Koreatown (KREA) is renowned for its bustling atmosphere, diverse culinary scene, and lively entertainment options. This dynamic enclave is home to a unique blend of cultures, making it a melting pot of experiences that cater to every taste and lifestyle.

Koreatown is not just a hub for delicious Korean BBQ and karaoke; it also boasts an impressive array of shops, boutiques, and art galleries that reflect the neighborhood's eclectic spirit. With its easy access to public transportation and proximity to downtown Los Angeles, residents enjoy the perfect balance of urban convenience and community charm.

When it comes to housing, Koreatown offers a variety of options, including the increasingly popular quadruplex homes. These unique properties provide an excellent opportunity for both homeowners and investors. Quadruplexes in Koreatown typically feature four separate living units, making them ideal for multi-generational families or those looking to generate rental income. With the area's strong rental demand and vibrant community, owning a quadruplex can be a savvy investment choice.

Koreatown's real estate market is thriving, with a range of styles and sizes to suit every preference. Whether you’re seeking a modern space with sleek finishes or a property with historical character, the quadruplexes in this lively neighborhood offer an unparalleled living experience. Discover the charm of Koreatown and see why it’s one of Los Angeles' most sought-after destinations!

Newest Koreatown (KREA) Homes with Quadruplex Subtype

$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
$1,595,000
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
$1,400,000
MB26061761 MLS ⋅ Active Status
Proudly presenting 1028 S Kenmore – a 4-unit income property located in a highly desirable Los Angeles rental market. This property offers an excellent opportunity for investors seeking steady cash flow and long-term appreciation. Ideally situated near Koreatown, major transportation corridors, and a variety of local amenities, making it attractive to tenants. A great addition to any investment portfolio.

1028 S 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.