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 dynamic blend of tradition and modernity, Koreatown is a thriving hub that offers a unique lifestyle infused with Korean culture, delicious cuisine, and an energetic atmosphere. With a diverse population and a plethora of amenities, this area is an ideal place for those seeking an engaging community.

Koreatown is renowned for its stunning architecture, featuring a mix of historic buildings and contemporary developments. Among the diverse housing options available, homes with a multi-family subtype stand out as an excellent investment opportunity. These properties not only provide a chance for homeowners to live in one unit while renting out the others, but they also cater to the growing demand for multi-generational living. The multi-family homes in Koreatown often come with modern amenities, spacious layouts, and convenient access to public transportation, making them perfect for families and young professionals alike.

Living in Koreatown means enjoying a lifestyle filled with convenience and excitement. Residents can explore an array of authentic Korean BBQ restaurants, trendy cafes, and bustling markets, all within walking distance. The neighborhood is also well-connected to the rest of Los Angeles, allowing for easy access to downtown, the arts district, and beyond. Whether you’re looking to invest or find your forever home, Koreatown offers a unique blend of culture, community, and opportunity that is hard to resist. Come and discover the charm of Koreatown, where every street tells a story!

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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