Koreatown (KREA) Homes with Multi Family Subtype

Welcome to Koreatown (KREA), a vibrant and diverse neighborhood nestled in the heart of Los Angeles, California. Known for its rich cultural heritage and bustling atmosphere, Koreatown offers a unique blend of tradition and modernity that attracts residents and visitors alike.

Homes in Koreatown with the Multi Family Subtype truly embody the spirit of community living. Whether you are looking for a cozy duplex or a spacious triplex, these properties offer a range of options to suit your needs. From classic architectural designs to contemporary layouts, you will find a variety of styles that reflect the dynamic character of the neighborhood.

Living in Koreatown means immersing yourself in a melting pot of flavors, sights, and sounds. Explore the local markets to sample authentic Korean cuisine, or take a stroll through the bustling streets lined with shops and cafes. With easy access to public transportation and major highways, getting around the city is convenient for residents of Koreatown.

Experience the best of urban living in Koreatown, where tradition meets innovation, and community thrives. Whether you are a first-time homebuyer or a seasoned investor, Koreatown offers a unique real estate opportunity that combines comfort, convenience, and culture. Come and discover the charm of Koreatown – your gateway to the vibrant city of Los Angeles.

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.