Koreatown (KREA) Real Estate

Koreatown (KREA) Real Estate

Welcome to Koreatown, a vibrant and culturally rich neighborhood nestled in the heart of Los Angeles, California. Known affectionately as KREA, this dynamic area is a melting pot of traditions, flavors, and experiences that truly capture the essence of Los Angeles.

Koreatown is renowned for its bustling streets lined with an eclectic mix of restaurants, shops, and entertainment venues. Here, you can indulge in an array of authentic Korean cuisine, from sizzling barbecue joints to cozy cafes serving delectable banchan. The aroma of kimchi and bulgogi wafts through the air, inviting you to explore the culinary wonders that await. Beyond food, KREA offers a unique shopping experience, with boutiques showcasing everything from traditional Korean crafts to contemporary fashion.

The neighborhood is not just a feast for the senses; it also boasts a rich cultural scene. Art galleries, music venues, and theaters provide a platform for local talents to shine, making Koreatown a hub for creativity and expression. The vibrant nightlife is another highlight, with trendy bars and karaoke lounges that keep the energy alive well into the night.

Koreatown is also conveniently located, offering easy access to downtown Los Angeles and other popular attractions. With its diverse community, dynamic lifestyle, and rich heritage, KREA is a place where residents can truly thrive. Whether you’re looking to dine, shop, or simply soak in the lively atmosphere, Koreatown promises an experience like no other. Come discover the charm of KREA, where tradition meets modernity in the most delightful way!

Newest Listings in Koreatown (KREA)

$175,000
MB26199200 MLS ⋅ Active Status
Bar & Grill with 47 Liquor License

1400 S western Avenue, Los Angeles
$949,900
DW26189406 MLS ⋅ Active Status
**INVESTOR / FLIP OPPORTUNITY IN THE KOREATOWN CORRIDOR!** Opportunity knocks at **4115 Council Ave, Los Angeles** — a **4-bedroom, 2-bath** property offering strong upside for investors, flippers, contractors, and value-add buyers looking to capitalize on one of Central Los Angeles’ most active and centrally located residential markets. The property consists of **two units, with one unit currently vacant and the second unit occupied on a month-to-month tenancy**, offering added flexibility for an investor evaluating renovation, repositioning, or future occupancy strategies. The property presents an excellent canvas for renovation and modernization, with the potential to create a highly marketable finished product in a desirable Central Los Angeles location. Its four-bedroom, two-bath configuration provides multiple possibilities for an experienced investor seeking to maximize value through strategic improvements. Located within the greater **Koreatown corridor**, the property benefits from the energy, convenience, and continued demand associated with one of Los Angeles’ most dynamic urban neighborhoods. Commonly known as **“K-Town,”** Koreatown is recognized for its vibrant restaurant scene, nightlife, cafés, markets, shopping, entertainment venues, and dense mix of residential and commercial activity. Its central location provides convenient access to Downtown Los Angeles, Hollywood, Mid-Wilshire, major employment centers, transit, and some of the city’s most popular cultural and entertainment destinations. For a seasoned flipper, the opportunity is clear: modernize the interiors, update kitchens and baths, enhance curb appeal, improve functionality, and reposition the property for today’s buyer or investor market. **Bring your contractor, designer, and vision.** With one unit vacant and the second on a month-to-month tenancy, this property offers both immediate access and added flexibility for a buyer looking to execute a value-add strategy in the highly desirable Koreatown/Central Los Angeles market. **Ideal for:** Fix-and-flip investors, contractors, developers, value-add buyers, or investors seeking renovation upside and flexible occupancy in a strong Central Los Angeles location. * SEE SUPPLEMENTS FOR FOUNDATION REPORT AND MARKET RENT INFO.

4115 Council Street, Los Angeles
$225,000
RS26184513 MLS ⋅ Active Status ⋅ Boba Sound BLDG.
Excellent Business Opportunity in Koreatown Rare opportunity to acquire a well-established Boba Café in the heart of Los Angeles Koreatown, one of Southern California's most active and vibrant commercial districts. The business benefits from strong foot traffic, an established customer base, and a proven operating system. With a simple and streamlined business model, this café is suitable for an experienced operator or a first-time business owner. Financial Highlights Asking Price: $225,000 Approx. Monthly Net Income: $15,000 Established Business Strong Monthly Cash Flow Loyal Customer Base Owner-Operator Friendly Prime Koreatown Location Located in a highly active commercial area with: Strong daily foot traffic High visibility Dense residential population Nearby restaurants, retail, offices, and entertainment Consistent local and repeat customers Key Business Advantages Established Customer Base A loyal customer following provides consistent sales and recurring business. Proven Profitability The business has a strong sales history and reported monthly net income of approximately $15,000. Easy to Operate A streamlined menu and established operations make this a manageable business for an owner-operator. Ideal for Couples or Families An owner-operated model can help control labor costs and potentially improve profitability. Growth Potential A new owner can potentially increase revenue through: Adding desserts and specialty drinks Expanding the food and beverage menu Increasing social media and digital marketing Improving online ordering and delivery Extending business hours Developing promotions and loyalty programs ?? Perfect For First-time business buyers Entrepreneurs seeking an income-producing business Husband-and-wife teams Family-operated businesses Experienced café or restaurant operators Don't Miss This Opportunity! $225,000 Asking Price | Approximately $15,000 Monthly Net Income A rare opportunity to acquire an established, cash-flowing Boba Café in one of Los Angeles' most desirable commercial areas. Contact Sam Lee | Century 21 Classic Estates 310-775-0096 samhlee.realtor@gmail.com

1144 S Western Avenue, Los Angeles
$800,000
OC26181542 MLS ⋅ Active Status
Solid investment opportunity located near the USC campus and Expo/Wester Expo Line station, featuring two 1-bedroom, 1-bathroom units plus an additional small 1-bedroom, 1-bathroom unit. The property includes five rear parking spaces along with convenient access to public transit and local amenities. Currents are on month-to-month contracts. *Buyers and buyers' agent must verify all information herein. ** Photos will be updated soon.

1631 W 38th, Los Angeles
$689,000
3 Beds ⋅ 2 Baths ⋅ SB26182550 MLS ⋅ Active Status
Welcome to this beautifully updated 3-bedroom, 2-bathroom condominium offering approximately 1,250 square feet of comfortable living space, ideally located in the heart of Los Angeles. Thoughtfully improved and move-in ready, this home combines modern finishes, functionality, and a desirable urban lifestyle. Step inside to discover luxury vinyl flooring throughout, creating a clean and contemporary look while offering durability for everyday living. The spacious open living area provides plenty of room to relax and entertain, complemented by neighborhood views that bring a sense of openness to the home. The updated kitchen offers a fresh, modern feel and is designed for both everyday cooking and entertaining. The three-bedroom layout provides flexibility for a growing household, home office, guest room, or personal retreat. Additional highlights include in-unit laundry and two dedicated parking spaces, adding valuable convenience in Los Angeles. The well-maintained building and central location provide easy access to Koreatown, dining, shopping, entertainment, and major transportation corridors. With its rare 3-bedroom floor plan, updated interior, generous living space, in-unit laundry, and two parking spaces, this home offers an excellent opportunity for buyers looking for comfort and convenience in one of Los Angeles's established neighborhoods. Come see why 815 S. Harvard Blvd, Unit 201 could be the place you've been looking for!

815 S Harvard Boulevard Unit 201, Los Angeles
$799,000
2 Beds ⋅ 2 Baths ⋅ RS26181934 MLS ⋅ Active Status
The Turn-key upgraded sweet home is located in Korea-town, Los Angeles. 2 Bedrooms floor plans with spacious and well-designed layouts equipped with a balcony. Offering approximately 1,365 sq. ft. of comfortable modern living in a convenient central Los Angeles location. This well-designed home features a generous open layout, central A/C, and plenty of space for both everyday living and entertaining. Ideally situated with easy access to restaurants, shopping, public transportation, and major Los Angeles destinations, this home offers the perfect combination of comfort, convenience, and city living as well as a great investment opportunity.

2939 Leeward Ave Unit 615, Los Angeles
$499,990
1 Beds ⋅ 1 Baths ⋅ WS26181779 MLS ⋅ Active Status
Welcome to 2939 Leeward Ave #305, a modern 1-bedroom, 1-bath condo offering approximately 640 sq. ft. of comfortable living space. The open floor plan features a contemporary kitchen with quartz countertops, stainless steel appliances, modern cabinetry, and in-unit laundry. The unit comes with two assigned parking spaces. Community amenities include a pool, fitness center, and recreation/lounge room. Conveniently located near Koreatown, the Wilshire/Vermont Metro, restaurants, shopping, and Downtown LA. A great opportunity for both owner-users and investors!

2939 Leeward Unit 305, Los Angeles
$299,888
1 Beds ⋅ 1 Baths ⋅ LG26180035 MLS ⋅ Active Status
Become a homeowner in Los Angeles without the typical LA price tag! This bright and private 1 bedroom, 1 bath condo offers an incredible opportunity to own in the heart of Los Angeles at an exceptional price. The unit features a beautiful white kitchen, a spacious light-filled living room with a cozy fireplace, and a comfortable, private bedroom. The building offers 24-hour on-site security, gated parking, a fitness center, large community laundry, and a rooftop BBQ area. The community pool is currently undergoing renovations. HOA dues include water, gas, trash, and access to the building amenities. Conveniently located near Downtown LA, USC, and Koreatown, with easy access to dining, entertainment, shopping, and major city destinations.

421 S La Fayette Park Unit 406, Los Angeles
$1,750,000
AR26176675 MLS ⋅ Active Status
Prime Investment Opportunity: Turnkey 7-units (consisting of six 1-bedroom/1-bathroom units and one 2-bedroom/2-bathroom unit) exempt from local RSO with good upside rent potential and good Cap rate; Boasting exceptional natural light throughout every unit, this pride-of-ownership asset features a highly stable tenant base and substantial recent updates. Capital improvements since 2018 include new roof, new exterior/interior paint, dual-pane energy-efficient windows, updated kitchens and baths in most units, water heaters. Tenants enjoy secure gated entry, security cameras, and ample covered off-street parking. Unbeatable, highly walkable location just steps from the Vermont/Beverly Metro Station, major dining, and everyday conveniences. High-yielding, low-maintenance portfolio addition—PLEASE DO NOT DISTURB TENANTS.

149 N Alexandria, Los Angeles
$699,000
2 Beds ⋅ 3 Baths ⋅ TR26175122 MLS ⋅ Active Status
Welcome to the most unique and exclusive unit in the entire complex! Originally designed on a spacious 3-bedroom footprint, this one-of-a-kind end-unit was custom-modified by the builder to feature two massive master suites while adding a rare third 3/4 bathroom for guests, making it the only 2-bedroom home in the building boasting three full/partial bathrooms. Completely remodeled throughout, this bright and sun-filled residence offers unparalleled privacy, extra-wide hallways, and exceptional natural light. Each master bedroom includes a private ensuite bathroom and a walk-in closet with custom organizers, with the primary suite featuring dual sinks, a separate tub and shower, and brand-new WPC flooring. The home has been meticulously updated with fresh interior paint, modern recessed LED lighting, and high-quality engineered wood flooring. The gourmet kitchen showcases sleek new quartz countertops, a spacious island with a built-in gas range and hood, quality cabinetry, and a water filtration system. The inviting family room offers hardwood floors, a cozy fireplace, and direct access to both a private patio and the dedicated laundry room. Located right next to the community recreation room and gym with no side neighbors, this exceptional turn-key home also includes two-car tandem parking and all appliances—refrigerator, stacked washer/dryer, and bidet. Situated in prime Koreatown near top dining and markets, this rare floor plan delivers space, privacy, and luxury like no other.

970 S St. Andrews Place Unit 103, Los Angeles
$1,450,000
PW26175998 MLS ⋅ Active Status
2765 W 8th St — a fully renovated four-unit apartment building in the heart of Koreatown, offered at $1,450,000 ($362,500/unit) at a 5.84% current cap and 6.48% pro forma. Rare all-three-bedroom unit mix: four spacious 3BR/2BA homes of ~1,102 SF each with updated kitchens and baths. The 2015 gut renovation replaced the major systems — electrical wiring and subpanels, plumbing and drain lines, roof, and windows — plus a full interior refresh, meaning minimal near-term capex for the next owner. Eight secured on-site parking spaces in a rear lot, a genuine rarity in K-Town. In-place rents sit within ~7% of market, so RSO caps have limited near-term impact on yield. Major upside: SB 1211 permits up to four detached ADUs on the rear lot by ministerial approval with no replacement parking required. Below the $5M Measure ULA threshold. ~0.6 mi to Metro Wilshire/Vermont; minutes to DTLA, Hollywood, and the Westside. Buyer to verify all information.

2765 W 8th, Los Angeles
$569,000
2 Beds ⋅ 2 Baths ⋅ AR26167527 MLS ⋅ Active Status
Beautifully maintained 2BD/2BA condominium offering approximately 1,100 square feet of comfortable living space in a desirable Koreatown community. The open-concept floor plan features a spacious living and dining area, along with a contemporary kitchen complete with granite countertops and ample cabinet space. The primary suite includes a private en-suite bathroom and its own balcony, while the second bedroom offers flexibility for guests, family, or a home office. Additional highlights include central HVAC, an in-unit washer and dryer, two private balconies, and two assigned parking spaces. Ideally located near popular dining, shopping, public transportation, and major freeways, this home offers both convenience and accessibility. Whether you're looking for a primary residence or a strong investment opportunity, this property delivers exceptional value in one of Los Angeles' most vibrant neighborhoods.

908 S Ardmore Avenue Unit 304, 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.