Koreatown (KREA) Homes with Multi Family 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 dynamic blend of tradition and modernity, making it a prime destination for those seeking a unique living experience in Southern California.

Koreatown is known for its bustling atmosphere, where you can find an array of restaurants, shops, and cultural attractions that reflect the rich Korean heritage. From mouthwatering BBQ spots to trendy cafes and lively nightlife, there’s no shortage of excitement. The area is also home to beautiful parks, community centers, and art galleries, offering residents a well-rounded lifestyle.

For homebuyers interested in investment opportunities, Koreatown offers a variety of multi-family homes that cater to diverse living arrangements. These properties are perfect for those looking to generate rental income or accommodate extended family. With a mix of vintage charm and modern updates, the multi-family homes in Koreatown provide both comfort and style. Many feature spacious layouts, private outdoor spaces, and convenient access to public transportation, making them ideal for families and young professionals alike.

Living in Koreatown means being part of a close-knit community that celebrates cultural diversity, all while enjoying the convenience of urban living. With its central location, residents can easily explore the rest of Los Angeles, from downtown to the beaches, making it a perfect place to call home. Discover the charm of Koreatown and find your dream multi-family home 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

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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.