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.
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.
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.
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:
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.
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.
Sophia Chang
New Star Realty & Investment
(323) 794-0615
34 Total Sales
1 in Koreatown
$1,330,000 Price
Lisa Madrigal
Fiv Realty Co.
(951) 406-6266
48 Total Sales
1 in Koreatown
$366,000 Price
Eric Nam
Coldwell Banker Quality Properties
(424) 402-5543
27 Total Sales
2 in Koreatown
$770K - $1.4M Price Range
Downey Chong
Choice 100 Realty, Inc.
(213) 468-0129
14 Total Sales
3 in Koreatown
$626K - $1.7M Price Range
Albert Rodriguez
Equity Union
(747) 294-2100
98 Total Sales
1 in Koreatown
$560,000 Price
Jonathan Kim
Equity Union
(323) 916-4083
24 Total Sales
1 in Koreatown
$860,000 Price
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
| 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
On average, homes in Koreatown, Los Angeles sell after 54 days on the market compared to the national average of 55 days. The median sale price for homes in Koreatown, Los Angeles over the last 12 months is $740,000, up 1% from the median home sale price over the previous 12 months.
$2,263 - $4,816 per month
$1,698 - $2,198 per month
$2,099 - $6,499 per month
$1,745 - $2,600 per month
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