Koreatown (KREA) Homes with Retail Subtype

Koreatown (KREA) Homes with Retail 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 bustling hub that offers an array of experiences—from tantalizing culinary delights to lively nightlife and unique shopping opportunities.

Koreatown is celebrated for its diverse community and rich cultural heritage, making it a perfect place for those who appreciate a lively atmosphere. The streets are lined with an eclectic mix of restaurants, cafés, and shops, showcasing the best of Korean culture while also featuring a variety of international offerings. Whether you're indulging in a late-night BBQ or enjoying a soothing spa day, you'll find that Koreatown has something for everyone.

For those looking to invest in property, homes with a retail subtype in Koreatown present an exciting opportunity. These unique properties not only provide comfortable living spaces but also offer the potential for commercial ventures right at your doorstep. Imagine waking up in your stylish apartment and stepping out to your own café or boutique—it's a lifestyle that seamlessly blends work and leisure.

With its central location, Koreatown boasts easy access to public transportation and is just a short drive from downtown Los Angeles and other major attractions. Whether you’re a first-time homebuyer, an investor, or someone looking to experience the vibrant lifestyle, Koreatown is the perfect place to call home. Embrace the energy of this extraordinary neighborhood and discover the endless possibilities that await you in Koreatown!

Newest Koreatown (KREA) Homes with Retail Subtype

2854 W Pico, Los Angeles
$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
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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.

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