Koreatown (KREA) Homes with Multi Family Subtype

Welcome to Koreatown, a vibrant and culturally rich neighborhood nestled in the heart of Los Angeles, California. Known for its lively atmosphere and diverse community, Koreatown (KREA) has become a sought-after destination for homebuyers and investors alike. With its unique blend of tradition and modernity, this area offers a dynamic lifestyle that appeals to people from all walks of life.

Koreatown is renowned for its bustling streets, filled with an array of restaurants, cafes, and shops that celebrate Korean culture. From authentic Korean BBQ joints to trendy bubble tea spots, the culinary scene here is nothing short of extraordinary. The area is also home to numerous cultural events, art galleries, and music venues, making it a hub for creativity and entertainment.

For those interested in real estate, Koreatown presents an exciting opportunity, particularly in the multi-family home market. Homes with a multi-family subtype are abundant in this area, catering to a range of living arrangements. Whether you’re an investor looking to capitalize on rental income or a family seeking a spacious residence with potential for additional units, Koreatown’s multi-family homes offer flexibility and value.

These properties often feature modern amenities, spacious layouts, and convenient access to public transportation, making them ideal for urban living. With the ongoing development and revitalization in the area, investing in a multi-family home in Koreatown not only provides a comfortable living space but also positions you at the forefront of one of Los Angeles’ most exciting neighborhoods. Discover the charm of Koreatown and explore the possibilities that await in this thriving community!

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

Start Your Search

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.