Koreatown (KREA) Homes with None View

Welcome to Koreatown, one of Los Angeles' most vibrant and culturally rich neighborhoods! Nestled in the heart of the city, Koreatown (often affectionately referred to as KREA) is a bustling enclave known for its eclectic mix of cultures, delectable dining options, and lively entertainment. This area is famed for its 24-hour life, where you can enjoy late-night Korean BBQ, indulge in a soothing spa session, or explore unique shops that reflect the diverse community.

Koreatown boasts a variety of residential options, making it an ideal place for families, young professionals, and anyone looking to immerse themselves in a dynamic urban lifestyle. While many homes in the area may not offer sweeping views, they more than make up for it with their proximity to an array of amenities. Imagine stepping out of your cozy abode and finding yourself surrounded by trendy cafes, authentic restaurants, and vibrant nightlife—all just a stone's throw away.

The architecture in Koreatown is as diverse as its residents, featuring everything from charming vintage apartments to modern condominiums. The community is well-connected to public transportation, ensuring that you can easily navigate the rest of Los Angeles while enjoying the comforts of home.

Whether you’re a foodie on the hunt for the next best dish or someone who thrives in a lively urban environment, Koreatown offers an unparalleled lifestyle. Discover the warmth and excitement of KREA, where every corner holds a new experience waiting to unfold!

Newest Koreatown (KREA) Homes with None View

$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

$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

$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

$1,300,000

PW26165467 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.

2858 W Pico, Los Angeles

$1,300,000

5 Beds ⋅ 3 Baths ⋅ PW26164705 MLS ⋅ Active Status

2836 W Pico, Los Angeles

$1,300,000

5 Beds ⋅ 2 Baths ⋅ PW26163177 MLS ⋅ Active Status

Investor's Opportunity in Prime Mid-City Los Angeles! This well-maintained triplex presents an outstanding investment opportunity in one of Los Angeles' most desirable rental markets, just minutes from Koreatown, Downtown LA, USC, shopping, dining, schools, public transportation, and major freeways. Originally configured as a duplex, the property has been divided into three separate units, offering excellent rental income potential. The property features a desirable unit mix with two spacious 3-bedroom, 2-bath units in the front building and one 2-bedroom, 2-bath unit in the rear. It is currently generating approximately $5,000 per month in rental income, with tremendous upside potential. A spacious upstairs 3-bedroom, 2-bath unit is currently vacant, providing an excellent opportunity for an owner-user to move in immediately or for an investor to lease at current market rent and significantly increase cash flow. Some photos have been virtually staged to illustrate the property's potential. No physical furniture is included. Additional amenities include on-site laundry, ample rear parking, and a functional layout that appeals to long-term tenants. With strong income potential, an excellent location, and long-term appreciation opportunities, this property is ideal for both investors and owner-users looking to build wealth in the heart of Los Angeles. The property is located on a wide and clean street. Do not disturb tenants. Drive-by only.

1628 S Van Ness, Los Angeles

$900,000

4 Beds ⋅ 2 Baths ⋅ SR26163149 MLS ⋅ Active Status

Investor/Developer's delight. 4 Bed, 2 Bath. Located in the heart of Koreatown.

527 N Hobart, Los Angeles

$1,384,000

SR26132353 MLS ⋅ Active Status

The Berendo property currently consists of a turn-key ten multifamily units zoned LAR4-2, high density offering solid redevelopment potential. LAR4-2 zoning in Los Angeles permits high-density residential development, including apartment houses, multiple dwellings, and mixed use projects. The "LAR4" portion allows for 1 dwelling unit per 400 sq. ft. of lot area, while the "2" indicates a Height District 2 designation, generally allowing for unlimited height. Approximately 28% upside in rents. Separately metered for gas and electric. Individual water heaters. Pitched built up roof, raised foundation, gated. Fourteen parking spaces with new automatic gate. Well maintained property. Professionally managed. Excellent transportation. 96 Walkscore. Most recent single unit rented at $1,475 (June 2026). Newly reconstructed second floor exterior walkway. One block from Robert F. Kennedy Community School. Gated frontage and entry. Low maintenance landscaping. Unit mix consists of two, one bedroom units and eight large singles with kitchens. Can be delivered with two vacancies. Gross Rent Multiplier 9.71 at current rents, 7.54 at market. Capitalization rate 5.71% current, 8.16% at market. $138,400 cost per unit. $212 cost per square foot. Current rent per square foot at $2.03, estimated rent per square foot at market $2.67. Large lot with most parking leased separately.

749 S Berendo, Los Angeles

$16,000,000

PW26115024 MLS ⋅ Active Status

Six-Parcel Development Site and Surface Parking Property for Sale Near Downtown Los Angeles 1313–1337 W. 11th Place, Los Angeles, California 90015, a six-parcel land assemblage totaling approximately 68,707 square feet, or 1.57 acres with CMO1 zoning. The offering consists of two sites positioned across W. 11th Place, with corner locations and frontage along three streets. The property is paved, fenced and currently configured as an established surface parking operation with approximately 280 parking spaces. Its existing configuration may provide a buyer with the opportunity to continue operating public parking while evaluating longer-term plans for the property. The site may also appeal to parking operators, EV-charging companies, fleet-charging operators and investors seeking a potential electric-vehicle charging parking facility in Los Angeles. Any EV-charging conversion would be subject to the buyer’s confirmation of electrical-service capacity, utility requirements, permitting, site design and governmental approvals. For developers, the assembled parcels provide a substantial infill land opportunity near Downtown Los Angeles. Property marketing materials identify the zoning as Commercial Manufacturing and describe potential commercial, mixed-use and housing development possibilities. Buyers should independently verify zoning, allowable uses, development density, overlays, entitlements and applicable land-use regulations with the City of Los Angeles. The property offers convenient access to the 110 Freeway near its convergence with the 10 Freeway and is located near major Downtown Los Angeles destinations, including Crypto.com Arena, L.A. LIVE and the Los Angeles Convention Center. These location characteristics may support continued event parking, commuter parking, EV charging or future redevelopment. This offering provides multiple potential acquisition strategies: Continue the existing surface parking use Evaluate public or event-parking operations Explore an EV-charging or fleet-charging facility Hold the land for future redevelopment Pursue a commercial, mixed-use or housing development concept All proposed uses, improvements and development plans are subject to zoning, permits, entitlements, utility availability and governmental approval. Prospective buyers should independently verify all property information and conduct their own due diligence. The sale is subject to bankruptcy court approval.

1337 W 11th, Los Angeles

$1,180,000

3 Beds ⋅ 3 Baths ⋅ WS26112528 MLS ⋅ Active Status

A single-level, 2,328 Sq.Ft. quintessential New York-Style Flat residence in Los Angeles Wilshire Center / Korean Town Area ~ Set above the street on an up-slope lot, this condo offers a secluded / secure setting through an automatic swing gate for entry ~ 2025 remodeled with modern materials while enhancing the original architectural charm ~ 9-foot ceilings throughout, brand-new electrical and plumbing systems, and custom cabinetry with Thermador appliances ~ The formal dining room opens to a private balcony, providing great indoor/outdoor flow ~ This spacious unit offers 3 bedrooms, 3 bathrooms, along with a separate laundry/utility room with deep sink ~ new central A/C and heating ~ Unit can be accessed from both front and rear parking areas ~ 2 assigned tandem parking spaces ~ Prime Koreatown location ~ close to Hancock Park, Hollywood/Melrose and Downtown LA

326 S Kingsley, Los Angeles

$1,400,000

4 Beds ⋅ 2 Baths ⋅ DW26099653 MLS ⋅ Active Status

fixer Fixer . Ideal For investors. Step into a rare piece of Los Angeles history with this remarkable two-story Neo-Classical residence located in the heart of Koreatown’s desirable Historic Preservation Overlay Zone (HPOZ). Designed by renowned architect Edward J. Borgmeyer .celebrated for his iconic theater designs throughout Southern California . this distinguished property was also his personal residence from 1912 to 1962, adding an extraordinary layer of architectural significance and provenance. Showcasing original brick construction and timeless old-world character, the main residence features 5 bedrooms and 2 bathrooms, offering a rare opportunity to restore and reimagine a true historic gem. Rich with classic architectural details, the home includes a formal dining room, spacious living areas, a kitchen with adjoining butler’s pantry, and an abundance of vintage charm throughout. Set on a generous lot in one of Koreatown’s most sought-after historic neighborhoods, This is an exceptional opportunity for investors, preservation enthusiasts, or buyers seeking a one of a kind restoration project with tremendous upside. With HPOZ zoning (LAR3), the possibilities are endless for bringing this architectural treasure back to its full glory.

138 N Manhattan, 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.