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. This dynamic area is renowned for its bustling streets, which are lined with an eclectic mix of restaurants, shops, and entertainment venues that celebrate the rich tapestry of Korean culture. From authentic BBQ joints to trendy cafes, Koreatown offers a culinary adventure that is sure to delight food enthusiasts and casual diners alike.

Koreatown is not just a hub of culture and cuisine; it is also a thriving residential community. The housing market here is diverse, featuring a variety of multi-family homes that cater to a range of lifestyles and budgets. Whether you're an investor looking for a promising opportunity or a family seeking a vibrant community, the multi-family homes in Koreatown offer a unique blend of convenience and comfort.

These properties often boast spacious layouts, modern amenities, and close proximity to public transportation, making them ideal for those who appreciate the hustle and bustle of city life while enjoying the comforts of home. With a strong sense of community and a rich cultural backdrop, living in a multi-family home in Koreatown means you are never far from the excitement and energy that Los Angeles has to offer.

Explore the possibilities that await you in Koreatown, where the fusion of urban living and cultural heritage creates a truly unique environment. Discover your dream multi-family home today and unlock the vibrant lifestyle that Koreatown 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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