Koreatown (KREA) Homes with Quadruplex Subtype

Welcome to Koreatown (KREA), a vibrant and culturally rich neighborhood nestled in the heart of Los Angeles, California. Known for its eclectic mix of modern living and traditional charm, Koreatown is a bustling hub that offers an unparalleled urban experience. With its lively streets adorned with an array of restaurants, shops, and entertainment venues, it’s no wonder that this area has become a sought-after destination for both residents and visitors alike.

Koreatown is not only celebrated for its culinary delights—think delicious Korean BBQ and trendy cafes—but also for its rich cultural heritage and diversity. The neighborhood is a melting pot of cultures, making it an exciting place to call home. Whether you’re exploring the vibrant nightlife, indulging in self-care at one of the many spas, or enjoying a leisurely stroll through its parks, Koreatown offers a dynamic lifestyle that caters to all.

For those seeking a unique investment opportunity, consider the quadruplex homes available in this thriving community. These properties, typically consisting of four separate living units, provide an excellent option for multi-generational families or savvy investors looking to generate rental income. With the demand for housing in Koreatown on the rise, owning a quadruplex not only allows for diverse living arrangements but also positions you at the forefront of a flourishing real estate market.

Embrace the opportunity to own a piece of Koreatown, where community spirit meets urban convenience. Discover your dream quadruplex home today and become part of this exciting neighborhood that truly has it all!

Newest Koreatown (KREA) Homes with Quadruplex Subtype

$1,549,900

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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