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.

Real Estate Statistics

Average Price	$1.6M
Lowest Price	$2
Highest Price	$8M
Total Listings	177
Avg. Days On Market	106
Avg. Price/SQFT	$541

Property Types (active listings)

Koreatown Homes for Sale

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Bathrooms

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New

$2,299,000

129 N St Andrews Place, Los Angeles

4 Beds 3 Baths 2,439 SqFt Residential MLS® # 26990149

Alexandria Jack Compass

New

$1,990,000

729 S Bronson Avenue, Los Angeles

5 Beds 2 Baths 3,342 SqFt Residential MLS® # 26989379

Jenny Kim Keller Williams Larchmont

New

$1,800,000

927 S Berendo Street, Los Angeles

2 Beds 1 Bath 5,294 SqFt Residential Income MLS® # 26990373

Josh Kaplan Equity Union

New

$1,649,000

103 N Harvard, Los Angeles

3 Beds 2 Baths 1,638 SqFt Residential MLS® # DW26204584

Mimi Lee Realty One Group United

New

$1,049,000

321 S Oxford Ave # 603, Los Angeles

3 Beds 2 Baths 1,498 SqFt Residential MLS® # 26988163

Kyung Kim Dream Realty & Investments Inc

New

$878,000

820 S Wilton Place # 306, Los Angeles

3 Beds 2 Baths 1,485 SqFt Residential MLS® # 26988085

James In Ha Pellego, Inc.

New

$1,399,000

↑ $9,000

520 S Kingsley Drive # Ph1, Los Angeles

4 Beds 3 Baths 2,200 SqFt Residential MLS® # 26987997

Sung Paik Ivy Realty Co.

$399,900

360 S Kenmore Avenue # 305, Los Angeles

1 Bed 1 Bath 796 SqFt Residential MLS® # 26987179

Giovanni Herrera Citi Homes Realty, Inc.

$1,149,000

3785 Wilshire Boulevard # 204, Los Angeles

2 Beds 2 Baths 1,830 SqFt Residential MLS® # 26987053

Thomas Yong Kim Apple Tree Realty, Inc.

$3,500,000

228 S Mariposa Avenue, Los Angeles

3 Beds 3 Baths 14,257 SqFt Residential Income MLS® # 26986935

Derrick Vartanian Lyon Stahl Investment Real Estate, Inc.

$5,195,000

4203 Council Street, Los Angeles

1 Bed 1 Bath 8,678 SqFt Residential Income MLS® # 26986945

Nick Astrupgaard KW Commercial Studio City

$1,195,000

918 S Kingsley Drive, Los Angeles

3 Beds 1 Bath 2,144 SqFt Residential MLS® # 26985653

Casey Lins Kidder Mathews of California, Inc.

$1,195,000

918 S Kingsley Drive, Los Angeles

0 Beds 0 Baths 0 SqFt Land MLS® # 26985635

Casey Lins Kidder Mathews of California, Inc.

$949,900

4115 Council Street, Los Angeles

4 Beds 2 Baths 0 SqFt Residential Income MLS® # DW26189406

Laura Borbon Century 21 Allstars

$2,695,000

941 S Gramercy Place, Los Angeles

1 Bed 1 Bath 7,360 SqFt Residential Income MLS® # 26985675

Jae Young Lee Ivy Realty Co.

$499,999

3810 Wilshire Boulevard # 1009, Los Angeles

1 Bed 1 Bath 710 SqFt Residential MLS® # WS26195639

Rudy Lira Kusuma LPT Realty, Inc

$1,995,000

895 S Bronson Avenue, Los Angeles

4 Beds 3 Baths 2,750 SqFt Residential MLS® # 26984573

Andrew E Woodward Keller Williams Larchmont

$299,999

904 S New Hampshire Avenue # 303, Los Angeles

1 Bed 1 Bath 631 SqFt Residential MLS® # 26984563

Brandon J. Park RISE real estate company

$289,000

425 S Kenmore Avenue # 104, Los Angeles

0 Beds 1 Bath 530 SqFt Residential MLS® # 26984479

Elijah Shin Dream Realty & Investments Inc

$1,199,000

↓ $101,000

220 N Oxford Avenue, Los Angeles

5 Beds 5 Baths 2,717 SqFt Residential Income MLS® # 26983467

Max Lee Real Broker

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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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