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.

Real Estate Statistics

Average Price $2M
Lowest Price $2.6K
Highest Price $13.8M
Total Listings 99
Avg. Days On Market 109
Avg. Price/SQFT $561

Property Types (active listings)


Koreatown Homes for Sale

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New
810 St Andrews Place, Los Angeles

$4,100,000

810 St Andrews Place, Los Angeles

1 Bed 1 Bath 15,260 SqFt Residential Income MLS® # 24362335

William James Lyon Stahl Investment Real Estate, Inc.

New
327 Western Avenue, Los Angeles

$9,600

327 Western Avenue, Los Angeles

0 Beds 0 Baths 0 SqFt Commercial Lease MLS® # 24360923

Jenny Chow Coldwell Banker Realty

New
815 Harvard Boulevard # 502, Los Angeles

$699,000

815 Harvard Boulevard # 502, Los Angeles

3 Beds 3 Baths 1,550 SqFt Residential MLS® # 24362147

So Park American Properties

New
132 Kenmore Avenue, Los Angeles

$1,799,800

132 Kenmore Avenue, Los Angeles

12 Beds 8 Baths 6,844 SqFt Residential Income MLS® # 24361787

Vinnie Park Keller Williams Larchmont

New
3785 Wilshire Boulevard # 1911, Los Angeles

$1,495,000

3785 Wilshire Boulevard # 1911, Los Angeles

2 Beds 3 Baths 1,690 SqFt Residential MLS® # 24361163

Jason Kim Bee Investment, Inc.

New
315 Harvard Boulevard # 203, Los Angeles

$500,000

315 Harvard Boulevard # 203, Los Angeles

1 Bed 1 Bath 741 SqFt Residential MLS® # SB24035643

Brent Musson eXp Realty of Greater Los Angeles, Inc.

New
3785 Wilshire Boulevard # 803, Los Angeles

$950,000

3785 Wilshire Boulevard # 803, Los Angeles

2 Beds 2 Baths 1,400 SqFt Residential MLS® # 24360045

Matthew Chang Keller Williams Realty Los Feliz

New
625 Berendo Street # 511, Los Angeles

$849,000

625 Berendo Street # 511, Los Angeles

3 Beds 2 Baths 1,360 SqFt Residential MLS® # PV24029841

Mark Stoll Vista Sotheby's International Realty

New
947 Gramercy Drive, Los Angeles

$1,695,000

947 Gramercy Drive, Los Angeles

4 Beds 4 Baths 2,920 SqFt Residential MLS® # 24360535

Hyun Sook Song Choice 100 Realty, Inc.

New
631 Kenmore Avenue # 406, Los Angeles

$689,000

631 Kenmore Avenue # 406, Los Angeles

2 Beds 2 Baths 1,199 SqFt Residential MLS® # PW24032942

Kimberly Choi T.N.G. Real Estate Consultants

625 New Hampshire Avenue # 2ndfl, Los Angeles

$30,000

625 New Hampshire Avenue # 2ndfl, Los Angeles

0 Beds 0 Baths 0 SqFt Commercial Lease MLS® # 24359645

Jung Hong Hope Investment

525 Ardmore Avenue # 350, Los Angeles

$425,000

525 Ardmore Avenue # 350, Los Angeles

1 Bed 1 Bath 580 SqFt Residential MLS® # 24359383

Yeon Kim Redpoint Realty

700 Ardmore Avenue # 204, Los Angeles

$749,888

700 Ardmore Avenue # 204, Los Angeles

2 Beds 2 Baths 1,350 SqFt Residential MLS® # CV24032539

Wally Elsherif WERE REAL ESTATE

620 Gramercy Place # 208, Los Angeles

$620,000

620 Gramercy Place # 208, Los Angeles

2 Beds 2 Baths 942 SqFt Residential MLS® # 24355015

Jane Lee Highland Premiere Real Estate

702 Serrano Avenue # 203, Los Angeles

$899,000

702 Serrano Avenue # 203, Los Angeles

3 Beds 3 Baths 1,460 SqFt Residential MLS® # 24358471

Thomas J. Lee Prime Properties & Associates

152 Berendo Street, Los Angeles

$2,000,000

152 Berendo Street, Los Angeles

9 Beds 7 Baths 0 SqFt Residential Income MLS® # DW24031902

Hyung Kang Keller Williams Realty Irvine

139 Catalina Street, Los Angeles

$2,495,000

139 Catalina Street, Los Angeles

10 Beds 8 Baths 6,647 SqFt Residential Income MLS® # 24357913

Lee Ziff Keller Williams Beverly Hills

315 1/4 Normandie Avenue, Los Angeles

$799,000

315 1/4 Normandie Avenue, Los Angeles

5 Beds 5 Baths 1,564 SqFt Residential MLS® # 23312885

Lauren Biedenharn Compass

3223 6th Street # 605, Los Angeles

$929,000

3223 6th Street # 605, Los Angeles

2 Beds 3 Baths 1,740 SqFt Residential MLS® # 24357453

Duk Park Ivy Realty Co.

961 Manhattan Place # 3, Los Angeles

$770,000

961 Manhattan Place # 3, Los Angeles

3 Beds 3 Baths 1,354 SqFt Residential MLS® # PW24023698

Soya Yoon New Star Realty & Investment

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).

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