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 bustling streets, diverse culinary scene, and lively atmosphere, Koreatown offers a unique blend of modern urban living and traditional charm. This dynamic community is a melting pot of cultures, making it a sought-after destination for residents and visitors alike.

Koreatown is not just a place to live; it's a lifestyle. With its array of restaurants, cafes, and shops, residents can indulge in authentic Korean cuisine, from sizzling BBQ to delectable banchan, right at their doorstep. The area is also home to numerous entertainment options, including karaoke bars, spas, and cultural festivals that celebrate the neighborhood's rich heritage.

For those seeking a multifamily living option, Koreatown boasts a variety of homes that cater to diverse needs and preferences. Whether you're looking for a charming duplex, a spacious triplex, or a modern apartment complex, the multifamily properties in this area offer both comfort and convenience. These homes provide an excellent opportunity for investors and families alike, with the potential for rental income and the chance to experience the vibrant community atmosphere.

With its central location, Koreatown offers easy access to public transportation, major highways, and nearby attractions, making it a prime spot for those who appreciate urban living. Embrace the energy and excitement of Koreatown, where every day brings new opportunities and experiences in one of Los Angeles' most beloved neighborhoods. Discover your perfect multifamily home in Koreatown today!

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.