Koreatown (KREA) Homes with Multi Family Subtype

**Discover the Vibrancy of Koreatown, Los Angeles**

Nestled in the heart of Los Angeles, Koreatown (KREA) is a dynamic neighborhood that beautifully blends rich cultural heritage with modern urban living. Known for its bustling streets, Koreatown is a culinary paradise, offering an array of authentic Korean restaurants, trendy cafes, and vibrant nightlife options. The area is also home to an eclectic mix of shops, markets, and entertainment venues, making it a hub of activity for residents and visitors alike.

Koreatown's real estate market is as diverse as its community. Among the most sought-after properties are multi-family homes, which cater to a variety of lifestyles and investment opportunities. These homes often feature spacious layouts, multiple units, and unique architectural styles that reflect the neighborhood's charm. Whether you're a first-time homebuyer, an investor looking to expand your portfolio, or a family seeking more space, Koreatown's multi-family homes offer an ideal solution.

Living in Koreatown means enjoying the convenience of urban living while being surrounded by a rich tapestry of culture and community. With easy access to public transportation, major freeways, and nearby attractions such as the iconic Wilshire Boulevard and the stunning Griffith Park, residents can enjoy everything this vibrant area has to offer.

Explore the possibilities of multi-family homes in Koreatown, where you can embrace a lifestyle filled with cultural experiences, delicious cuisine, and a sense of community. This neighborhood is not just a place to live; it's a vibrant way of life waiting for you to discover.

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.