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 lively atmosphere, Koreatown is a melting pot of diverse cultures, offering an array of culinary delights, shopping experiences, and entertainment options that make it one of the most sought-after areas in the city.

Koreatown is renowned for its iconic 24-hour eateries, trendy cafes, and traditional Korean BBQ spots, where you can savor authentic flavors and experience the warmth of community dining. The neighborhood is also home to an eclectic mix of shops, markets, and cultural landmarks, making it a hub for both residents and visitors alike. With its convenient access to public transportation and proximity to downtown Los Angeles, Koreatown boasts a dynamic lifestyle that appeals to young professionals, families, and retirees.

For those considering a home in this bustling area, multi-family properties offer a unique opportunity. With the growing demand for rental units in Los Angeles, investing in multi-family homes in Koreatown is not only a chance to own a piece of this vibrant community but also a savvy financial decision. These properties provide the potential for steady rental income while allowing you to immerse yourself in the lively local culture.

Whether you're looking to live in one unit and rent out the others or seeking a solid investment, Koreatown's multi-family homes are a gateway to a thriving lifestyle. Embrace the charm of this energetic neighborhood and discover the endless possibilities that await you in Koreatown!

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.