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 a bustling hub known for its diverse culinary scene, lively nightlife, and unique blend of cultures. With its convenient location, residents enjoy easy access to downtown Los Angeles, making it an ideal spot for both work and play.

Koreatown is famous for its array of restaurants, from authentic Korean BBQ to trendy cafes, ensuring there’s something to satisfy every palate. The area is also home to numerous parks, shopping centers, and entertainment venues, providing a lively atmosphere that’s hard to resist. Whether you’re taking a leisurely stroll down Wilshire Boulevard or exploring the hidden gems of the neighborhood, Koreatown promises an exciting urban lifestyle.

For those considering a home in this dynamic area, quadruplex properties offer a unique opportunity. These multi-family homes are perfect for investors looking to maximize rental income or for families seeking a spacious living arrangement. With four distinct units, quadruplexes provide the flexibility to live in one unit while renting out the others, making it a smart choice for both seasoned investors and first-time buyers.

The architecture of these homes often reflects the eclectic spirit of Koreatown, blending modern designs with classic elements. Imagine living in a beautifully maintained quadruplex, surrounded by the vibrant energy of the neighborhood while enjoying the benefits of multi-family living.

Discover the charm and potential of Koreatown’s quadruplex homes today, and be part of a community that truly celebrates diversity and culture!

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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