Koreatown (KREA) Homes with Retail Subtype

Welcome to Koreatown (KREA) – a vibrant and dynamic neighborhood nestled in the heart of Los Angeles, California. Known for its rich cultural tapestry, Koreatown is a thriving hub that beautifully blends tradition with modernity. With its bustling streets lined with an array of shops, restaurants, and entertainment venues, this area is not just a place to live but a lifestyle to embrace.

Koreatown is renowned for its authentic Korean cuisine, where you can indulge in everything from sizzling BBQ to delectable banchan. The area is also home to a diverse community, offering a unique blend of cultural experiences that cater to all tastes. Beyond the culinary delights, residents enjoy an exciting nightlife scene, with karaoke bars, trendy lounges, and cozy cafes that invite you to unwind after a busy day.

When it comes to real estate, Koreatown boasts a variety of housing options, including homes with retail subtypes. This unique feature allows residents to enjoy the convenience of living above their favorite shops or eateries, creating a seamless blend of work and play. Whether you’re looking for a chic apartment or a spacious loft, the homes in Koreatown are designed to cater to the needs of modern urban dwellers.

With its central location, Koreatown offers easy access to major highways and public transportation, making commuting a breeze. The neighborhood is also in close proximity to Downtown Los Angeles, ensuring that the best of the city is just a short ride away. Embrace the lively spirit of Koreatown, where culture, community, and convenience converge to create an unparalleled living experience.

Newest Koreatown (KREA) Homes with Retail Subtype

$1,300,000

PW26165438 MLS ⋅ Active Status

This is a bulk sale that includes 2836, 2842, 2846, 2854, and 2858 W. Pico Blvd. The total asking price for all five parcels is $6.5 million. The seller is not willing to sell the properties individually. The seller is also open to a 99-year ground lease. The asking ground lease rent is $32,500 per month for all five lots. The combined site area is approximately 32,500 square feet, making it an excellent opportunity for an affordable housing development in a prime location. The seller is currently pursuing entitlements with the HPOZ and the City Planning Department for a 100% affordable housing apartment project. The current proposal submitted to the City is for approximately 175 residential units. All five parcels must be sold together. This is an exceptional opportunity for developers and investors specializing in affordable housing or senior housing projects. Affordable housing developers and investors are encouraged to inquire.

2854 W Pico, Los Angeles

$6,950,000

GD26126321 MLS ⋅ Active Status

Positioned along one of Los Angeles’ most heavily traveled commercial corridors, this ±7,950 square foot retail warehouse/showroom property offers a rare owner-user or lease opportunity in the heart of the city. Situated on a generous ±12,969 square foot lot with C2-1 zoning, the property combines prominent street-front retail exposure with functional warehouse space, making it ideal for a variety of retail, wholesale, showroom, distribution, or service-oriented uses. The building features excellent visibility on South Western Avenue, benefiting from traffic counts exceeding 40,000 vehicles per day and providing outstanding signage and branding opportunities. A secure, gated parking and loading area enhances operational efficiency while offering convenience for customers, employees, and deliveries. Located within a densely populated trade area near Koreatown and central Los Angeles, the property is surrounded by a strong mix of residential neighborhoods, retail destinations, and commercial businesses. Its strategic location provides immediate access to a large consumer base, major transportation corridors, and a highly active urban marketplace

963 965 S Western Avenue, 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.