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Koreatown

Koreatown

4.2
$1,054,494 Average Value
$590 Average Price per Sq Ft
101 Homes For Sale
K-town is a hub for foodies.
K-town is a hub for foodies.

Koreatown’s growing appeal

Koreatown, also known as K-town, is a vibrant and diverse community in central Los Angeles. The popular dining scene attracts residents and tourists alike. Housing includes single-family homes and a growing supply of apartments and condos. With nearby freeway access and three subway stations, its location is convenient for commuters.

Cost of living in Koreatown

While there are still single-family residences in Koreatown, multifamily complexes make up the bulk of new construction. “A lot of the homes that were sold were converted into condos and apartments,” says David Shin, Realtor with Dream Realty, who has been spending time in K-town since his youth and has been a full-time resident since the mid ‘90s. “Construction has gotten denser, and it’s continuing to grow.”

Houses typically sell from the upper $700,000s to around $2.15 million. Condos generally range from the mid $200,000s to $1.5 million, plus monthly HOA fees of about $300 to $1,300. HOA amenities often include security and fitness centers, but luxury complexes offer additional perks like 24-hour concierge service.

Taller, multifamily buildings are more common near the center of the community.
Taller, multifamily buildings are more common near the center of the community.
Early 1900s bungalows line some community streets.
Early 1900s bungalows line some community streets.
There are some two-story homes with driveways and front lawns.
There are some two-story homes with driveways and front lawns.
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Subway stations and walkability in Koreatown, but parking is limited

Many homes have reserved, off-street parking, but due to Koreatown’s popularity, finding parking near restaurants and shopping centers can be a challenge. With malls, grocery stores, schools and medical offices all within the community, it's often easier to run daily errands on foot.

Koreatown also offers commuter convenience. Drivers have access to the Hollywood Freeway just a few blocks north, and Interstate 10 is close by as well. With three Metro subway stations, bus service and bike share options, residents don’t have to rely on cars for travel.

Bus and subway lines provide car-free travel options.
Bus and subway lines provide car-free travel options.
Koreatown is also considered very walkable.
Koreatown is also considered very walkable.
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Where to find restaurants in Koreatown

Koreatown is a well-known destination for foodies, boasting dozens of coffee shops, restaurants and bakeries. Many are clustered together in shopping centers or malls, and some hot spots include:

  • MaDang Courtyard, a large mall with multiple restaurants, an H-Mart and a theater
  • Koreatown Plaza and Koreatown Galleria, both three-level malls with food courts
  • Serrano Marketplace, a shopping plaza packed with restaurants, including Hae Jung Chon
  • Chapman Plaza, a historic market with upscale and casual eateries, as well as cafes

Chunju Han-Il Kwan is a restaurant known for its army stews.
Chunju Han-Il Kwan is a restaurant known for its army stews.
H-Mart carries a wide range of ingredients.
H-Mart carries a wide range of ingredients.
Residents in Koreatown have an excellent selection of grocery stores to choose from.
Residents in Koreatown have an excellent selection of grocery stores to choose from.
The Koreatown Galleria's food court has several dining choices.
The Koreatown Galleria's food court has several dining choices.
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Koreatown's Love House has a bustling bar at night.
Koreatown's Love House has a bustling bar at night.

Nightlife and late-night restaurants keep Koreatown active

People from all over LA come to visit Koreatown’s nightclubs and bars. “Koreatown has lots of things to do,” Shin says. “You can make an evening out of it — start off with Korean barbecue and then go out for soju and karaoke.” Restaurants typically stay open well into the night as well. At Sun Nong Dan, along Western Avenue, you can enjoy rich Korean stews 24 hours a day. While there are some calmer residential pockets at the edges of the community, the heart of Koreatown stays fairly lively all the time.

A fusion of cultures, although Korean culture is most prominent

Korean influence is undoubtedly strong in the community — from Korean movies at the theater to Korean-language church services and even a radio station that broadcasts in Korean. The neighborhood also hosts a multiday Korean festival each year in Seoul International Park.

The area is welcoming to people from many different backgrounds as well. “More and more non-Koreans are coming into Koreatown,” Shin says. “I think it’s great that other cultures embrace K-town.” Alongside the many Korean stores are markets that carry ingredients for traditional Filipino, Mexican and Bangladeshi cooking. Resources like the Islamic Center of Southern California help residents preserve their heritage, and consulates from countries including Myanmar, Sri Lanka and Peru line Wilshire Boulevard.

There is a Korean pavilion next to the Seoul International Park.
There is a Korean pavilion next to the Seoul International Park.
Seoul International Park hosts the annual Korean festival.
Seoul International Park hosts the annual Korean festival.
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Ginny West
Written By
Ginny West
Samuel Evans
Photography Contributed By
Samuel Evans
Pasha Chichagov
Video By
Pasha Chichagov

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Bob Hope

21 min drive

Subway

Wilshire/Normandie Station

Subway

Wilshire/Western Station

Subway

Vermont/Beverly Station

Subway

Wilshire/Vermont Station

Bus

Western & 1st (Southbound)

Bus

8th & Irolo

Bus

6th & Catalina

Bus

Vermont & 8th St. (Ccw)

Bus

6th & Western (Eastbound)

Bus

Wilshire Eb & Crenshaw Fs

Bus

Wilshire & Alexandria

Reviews

Niche Reviews
4.2 85 Reviews
3.0 Current Resident
9/26/2019 Niche Review
I've lived here most of my life and I see constant changes as many neighborhoods undergo. However, it's becoming more crowded and seeing more and more waves of people.
5.0 Current Resident
1/29/2019 Niche Review
i like the food and life in koreatown. there are too many homeless people. in general, there are too many people moving here and it is crowding the space. the schools here are alright. People here are nice. there are a lot of apartments in the making.
2.0 Current Resident
3/13/2018 Niche Review
Koreatown is simply a low-income neighborhood. Which isn't necessarily bad but the recent construction around the area tends to raise the rent up every few months. If you were to live in koreatown I'd recommned near the end of western.
3.0 Current Resident
7/15/2017 Niche Review
I love all of the shops and stores in Koreatown. It's rich with ethnic and boho vibes. However some streets seem very unsafe at night in contrast to have vivacious and fun the area is during the day.
Are you familiar with the Koreatown neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

1 - Low Crime, 10 - High Crime Koreatown US
Homicide 4 4
Sexual Assault 8 4
Assault with Weapon 6 4
Robbery 5 4
Burglary 5 4
Motor Vehicle Theft 5 4
Larceny 6 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Koreatown Demographics and Home Trends

Housing Trends

Median List Price
$799,000
Median Sale Price
$735,000
Median Single Family Sale Price
$1,650,000
Median Townhouse Sale Price
$1,210,000
Median 2 Bedroom Sale Price
$715,000
Median Change From 1st List Price
4%
Last 12 months Home Sales
164
Median Home Sale Price YoY Change
-5%
Average Price Per Sq Ft
$590

Neighborhood Facts

Number of Homes
4,741
Number of Homes for Sale
101
Median Year Built
1973
Months of Supply
7.40
Average Single Family Home Size Sq Ft
3,059
Significantly above the national average
1,929
Average Townhouse Size Sq Ft
3,662
Average 2 Bedroom Size Sq Ft
1,190
Average 1 Bedroom Size Sq Ft
746
Average Studio Size Sq Ft
418
Median Lot Size Sq Ft
7,405

Open Houses

  • Sunday, Jan 18
    2 - 4pm

    800 S Bronson Ave, Los Angeles, CA 90005

    $1,749,000

    • 5 Beds
    • 4 Baths
    • 3,319 Sq Ft
    • 800 S Bronson Ave

    Main house features 4BD/3BA with very high ceilings and abundant natural light. The downstairs includes a spacious living room, a kitchen with plenty of cabinets, an office room, and a 2-car garage. Upstairs offers a well-sized master suite with a walk-in closet, a junior master with a large closet and a good-sized room, and a third bedroom. Per county assessor, there is also an additional

    Kay Park Dream Realty & Investments Inc

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  • Sunday, Jan 18
    1 - 3pm

    140 S Gramercy Place Unit 1, Los Angeles, CA 90004

    $860,000

    • 2 Beds
    • 3 Baths
    • 1,240 Sq Ft
    • 140 S Gramercy Place
    • Unit 1
    • New 13 days ago

    This 1,240 sq.ft. front unit at Gramercy Row in Hancock Park offers privacy, natural light, and thoughtful modern design by AIA-awarded firm Assembledge+. The layout includes an open ground floor with high ceilings, polished concrete floors, smart blinds, smoked glass details, living and dining areas, kitchen with Caesarstone counters and backsplash, LED lighting, updated stainless steel

    Christopher Low Keller Williams Beverly Hills

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  • Saturday, Jan 17
    12 - 3pm

    533 S St Andrews Place Unit 203, Los Angeles, CA 90020

    $429,000

    • 1 Bed
    • 1 Bath
    • 795 Sq Ft
    • 533 S St Andrews Place
    • Unit 203

    Welcome to a bright and comfortable 1-bedroom, 1-bathroom home located in one of Koreatown's most dynamic and centrally connected neighborhoods. This thoughtfully laid-out condo offers an easy flow, great natural light, and a private balcony. Inside, the living room feels open and inviting, with soft light and direct access to the balcony. The adjacent dining area and kitchen maintain a seamless

    Christina Kim Keller Williams Larchmont

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
108,875
Median Age
38
Population Density
63 ppl/acre
Population under 18
19.5%
On par with the national average
23.8%
Population over 65
13.3%
Below the national average
19.1%

Finances

Median Household Income
$49,090
Significantly below the national average
$79,601
Average Household Income
$67,990

Education and Workforce

High School Graduates
76%
Below the national average
89%
College Graduates
38.4%
Advanced Degrees
9.7%
% Population in Labor Force
69.9%
Above the national average
64.9%

Weather

Annual Precipitation
14''
Average Winter Low Temperature
48°F
Average Summer High Temperature
83°F
Annual Snowfall
0''

Area Factors

Bikeable

Bike Score®

64 / 100

Walker's Paradise

Walk Score®

95 / 100

Excellent Transit

Transit Score®

80 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Koreatown
Downey Chong
Choice 100 Realty, Inc.
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