Koreatown (KREA) Homes with Retail Subtype

Welcome to Koreatown (KREA), an exciting and vibrant neighborhood nestled in the heart of Los Angeles, California. Known for its rich cultural tapestry, Koreatown is a bustling hub that seamlessly blends tradition with modernity. This dynamic area is characterized by its lively streets, adorned with a colorful array of shops, restaurants, and entertainment venues, making it a hotspot for locals and visitors alike.

Koreatown is not just a feast for the senses; it also offers a unique real estate opportunity with homes that feature a retail subtype. This means that you can enjoy the convenience of living above your favorite café, boutique, or grocery store, creating a lifestyle that is both practical and exhilarating. Imagine waking up to the aroma of freshly brewed coffee or being just steps away from an array of authentic Korean cuisine, all while residing in a stylishly designed home.

The real estate market in Koreatown is diverse, catering to a variety of preferences and budgets. From chic modern apartments to cozy townhomes, there’s something for everyone in this thriving community. The area’s strategic location provides easy access to public transportation, major highways, and nearby attractions like the iconic Hollywood and Downtown Los Angeles, making it an ideal place for those who appreciate urban living.

Koreatown is not just a place to live; it’s a lifestyle filled with culture, convenience, and community. If you're looking to invest in a home that offers both residential comfort and retail vibrancy, Koreatown is the perfect choice for you!

Newest Koreatown (KREA) Homes with Retail Subtype

$1,300,000

PW26165438 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.

2854 W Pico, Los Angeles

$6,950,000

GD26126321 MLS ⋅ Active Status

Positioned along one of Los Angeles’ most heavily traveled commercial corridors, this ±7,950 square foot retail warehouse/showroom property offers a rare owner-user or lease opportunity in the heart of the city. Situated on a generous ±12,969 square foot lot with C2-1 zoning, the property combines prominent street-front retail exposure with functional warehouse space, making it ideal for a variety of retail, wholesale, showroom, distribution, or service-oriented uses. The building features excellent visibility on South Western Avenue, benefiting from traffic counts exceeding 40,000 vehicles per day and providing outstanding signage and branding opportunities. A secure, gated parking and loading area enhances operational efficiency while offering convenience for customers, employees, and deliveries. Located within a densely populated trade area near Koreatown and central Los Angeles, the property is surrounded by a strong mix of residential neighborhoods, retail destinations, and commercial businesses. Its strategic location provides immediate access to a large consumer base, major transportation corridors, and a highly active urban marketplace

963 965 S Western Avenue, Los Angeles

Start Your Search

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.