Koreatown, CA Real Estate

Koreatown

Originally built up as a middle-class urban neighborhood by Henry Gaylord Wilshire, who took advantage of cheap prices following a land bust in the 1870s, Koreatown has evolved through a long series of transitions and improvements as is known for having one of the longest and most storied histories of any neighborhood in Los Angeles.

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New

$454,000

435 Virgil # 314, Los Angeles

1 Bed 1 Bath 679 SqFt Residential MLS® # P1-21808

Claudia Lee New Star Realty & Investment

New

$864,000

↑ $6,000

625 Berendo Street # Ph 609, Los Angeles

2 Beds 2 Baths 1,390 SqFt Residential MLS® # 25526529

Seok Soo Hong Redpoint Realty

New

$1,350,000

3785 Wilshire Boulevard # 1001, Los Angeles

3 Beds 3 Baths 1,700 SqFt Residential MLS® # 25525741

Jae Eun Jasmine Lee Dream Realty & Investments Inc

New

$1,475,000

250 Wilton Place, Los Angeles

0 Beds 0 Baths 0 SqFt Land MLS® # 25526347

Vangelis Korasidis Coldwell Banker Realty

New

$2,200,000

236 Catalina Street, Los Angeles

10 Beds 11 Baths 3,370 SqFt Residential MLS® # PW25083749

Lena Byun New Star Realty & Investment

New

$699,000

3810 Wilshire Boulevard # 808, Los Angeles

2 Beds 2 Baths 910 SqFt Residential MLS® # 25494569

K. Christina Hyon Urban Real Estate, Inc.

New

$1,499,000

210 Berendo Street, Los Angeles

0 Beds 0 Baths 0 SqFt Land MLS® # 25525449

Meir Frydman KW SELA

New

$1,499,000

210 Berendo Street, Los Angeles

3 Beds 2 Baths 1,635 SqFt Residential MLS® # 25525441

Meir Frydman KW SELA

$820,000

3223 6th Street # 808, Los Angeles

1 Bed 2 Baths 1,490 SqFt Residential MLS® # PW25077017

Steve Kim HPT Realty

$850,000

3810 Wilshire Boulevard # 807, Los Angeles

2 Beds 2 Baths 1,180 SqFt Residential MLS® # 25523375

Robert Yun NET Properties

$11,350,000

238 Serrano Avenue, Los Angeles

3 Beds 4 Baths 27,250 SqFt Residential Income MLS® # 25522929

Adam Zunder Iconic Investments

$2,900,000

↑ $200,000

2821 San Marino Street, Los Angeles

6 Beds 4 Baths 4,881 SqFt Residential Income MLS® # 25522643

Kyungho Hwang 4B Advisors Inc.

$579,000

957 Gramercy Drive # 105, Los Angeles

2 Beds 2 Baths 750 SqFt Residential MLS® # PW25076603

Jung Joon Lee Circa Properties, Inc.

$814,000

321 Oxford Avenue # 406, Los Angeles

2 Beds 2 Baths 1,063 SqFt Residential MLS® # 25522407

Elijah Shin Dream Realty & Investments Inc

$925,000

821 Gramercy Place # 3, Los Angeles

3 Beds 2 Baths 1,636 SqFt Residential MLS® # 25519759

Hye Kyung Hwang Redpoint Realty

$1,200,000

863 St Andrews Place, Los Angeles

4 Beds 2 Baths 0 SqFt Residential Income MLS® # PW25075751

Everett Wong Greysteel California, Inc.

$3,800,000

3701 9th Street, Los Angeles

1 Bed 2 Baths 0 SqFt Residential Income MLS® # PW25075685

Everett Wong Greysteel California, Inc.

$2,250,000

3262 Monette Place, Los Angeles

1 Bed 1 Bath 7,776 SqFt Residential Income MLS® # 25521663

Sun Y Choi KORUS Real Estate

$758,000

3810 Wilshire Boulevard # 801, Los Angeles

2 Beds 2 Baths 1,080 SqFt Residential MLS® # 25521631

Seong Kelly Chong Dream Realty & Investments Inc

$699,900

↓ $30,100

3970 Ingraham Street # 302, Los Angeles

3 Beds 2 Baths 1,477 SqFt Residential MLS® # 25512603

Downey Chong Choice 100 Realty, Inc.

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Koreatown History

Due to its centralized location and its proximity to Wilshire developments, the neighborhood now known as Koreatown was originally home to many of the recent immigrants, mid-level workers and lesser stars who found fame and fortune in Hollywood's beginning film industry during the 1910s and 20s.

Swelling with affluence during the roaring 20s, the neighborhood reached its peak during the 40s with the construction of the Ambassador Hotel and the Cocoanut Grove. Unfortunately, the Cocoanut Grove was destroyed in one of the most disastrous fires of the 20th century and the Ambassador Hotel, once home to presidents and dignitaries, lost most of its allure following the assassination of Robert Kennedy.

Seeing opportunity, Los Angeles's Korean population moved into the shops, businesses and apartments of Koreatown, revitalizing the community and opening the Korean Youth Center in the 1970s. A large number of immigrants, many of them having fled to the United States during the 50s to escape the Korean war, found their niche in the region and began to open shops. The neighborhood also saw the development of modern apartment complexes.

Unfortunately, Koreatown was again pushed into decay and disrepair following the 1992 Los Angeles riots, which saw rampant looting and violence in the area. Refusing to give up, the residents of Koreatown reached out to friendly business contacts in Seoul and Tokyo, inviting them to take advantage of the many open lots created by the riots. Korean and Japanese businesses leapt at the opportunity, and by 2000 Koreatown was home to some of the most advanced and abundant construction projects in Los Angeles. 

Koreatown Today

To alleviate congestion and promote construction, the city's train network was extended throughout the neighborhood, and Koreatown is now considered one of the best neighborhoods in Los Angeles in terms of public transportation and ease of movement without a car. It is also home to most of the newest and most modern office buildings, attracting attention and investment both domestically and abroad. The rapid availability of affordable apartments and public transportation makes it a popular home for LA's college community, as well as a stepping off point for affluent immigrants.

For more information about Koreatown Real Estate, please contact our office at 323 412-9060(Los Angeles).

Let us know what we can do to help you buy or sell your next piece of Real Estate in Koreatown CA

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