Koreatown (KREA) Homes with Multi Family Subtype

Welcome to Koreatown, a vibrant and culturally rich neighborhood nestled in the heart of Los Angeles, California. Known for its lively atmosphere, Koreatown offers a unique blend of modern urban living and traditional Korean culture. This area is renowned for its diverse culinary scene, with an array of authentic restaurants, trendy cafes, and bustling markets that reflect the community's heritage. Whether you’re indulging in late-night karaoke or exploring the vibrant art scene, Koreatown is a place where every corner tells a story.

For those seeking a home in this dynamic locale, Koreatown offers an impressive selection of multi-family residences. These properties are ideal for investors or families looking for spacious living arrangements. With a variety of architectural styles, from charming vintage buildings to contemporary complexes, the multi-family homes in Koreatown cater to diverse tastes and lifestyles.

Living in a multi-family home allows residents to enjoy a sense of community while benefiting from the convenience of urban living. Many of these properties feature amenities such as shared gardens, rooftop decks, and on-site laundry facilities, making them perfect for busy professionals or families. Additionally, the proximity to public transportation and major thoroughfares ensures easy access to the rest of Los Angeles, making your commute a breeze.

Koreatown is more than just a place to live; it’s a vibrant community that offers a lifestyle filled with culture, convenience, and camaraderie. Discover your dream multi-family home in Koreatown today, and immerse yourself in all that this extraordinary neighborhood has to offer!

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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