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Koreatown

Koreatown

4.2
$1,016,525 Average Value
$577 Average Price per Sq Ft
135 Homes For Sale

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.

The streets of Koreatown feature a variety of retail stores and restaurants.
The streets of Koreatown feature a variety of retail stores and restaurants.
Koreatown Boogie Block Party has great vendors, food and fun.
Koreatown Boogie Block Party has great vendors, food and fun.
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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.

Single-family homes often feature their own parking in Koreatown.
Single-family homes often feature their own parking in Koreatown.
Modern designs and contemporary architecture are featured prominently on condominiums in Koreatown.
Modern designs and contemporary architecture are featured prominently on condominiums in Koreatown.
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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.

Sidewalks line the streets of Koreatown, making getting around the neighborhood efficient and leisurely.
Sidewalks line the streets of Koreatown, making getting around the neighborhood efficient and leisurely.
Metro buses are one travel option for residents who wish to explore the rest of the city outside Koreatown.
Metro buses are one travel option for residents who wish to explore the rest of the city outside Koreatown.
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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

MaDang Courtyard is a retail hub in Koreatown, offering several different chains and local shopping destinations.
MaDang Courtyard is a retail hub in Koreatown, offering several different chains and local shopping destinations.
Kopan Izakaya is a Japanese-style bar that serves small plates and signature authentic cocktails in Koreatown.
Kopan Izakaya is a Japanese-style bar that serves small plates and signature authentic cocktails in Koreatown.
H-Mart carries a wide variety of fresh produce and other essentials for Koreatown residents.
H-Mart carries a wide variety of fresh produce and other essentials for Koreatown residents.
Silverlake Ramen serves authentic dishes with unique flair in Koreatown.
Silverlake Ramen serves authentic dishes with unique flair in Koreatown.
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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.

Seoul International Park has walking paths and shaded benches for residents who enjoy the outdoor.
Seoul International Park has walking paths and shaded benches for residents who enjoy the outdoor.
Immanuel Presbyterian Church is a historic landmark in the heart of Koreatown.
Immanuel Presbyterian Church is a historic landmark in the heart of Koreatown.
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Ginny West
Written By
Ginny West
Samuel Evans
Photography Contributed By
Samuel Evans
David Strayer
Video By
David Strayer

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

Neighborhood Facts

Number of Homes
4,758
Number of Homes for Sale
135
Median Year Built
1973
Months of Supply
8.10
Average Single Family Home Size Sq Ft
3,027
Significantly above the national average
1,932
Average Townhouse Size Sq Ft
3,621
Average 2 Bedroom Size Sq Ft
1,189
Average 1 Bedroom Size Sq Ft
747
Average Studio Size Sq Ft
418
Median Lot Size Sq Ft
7,405

Open Houses

  • Sunday, May 24
    1 - 4pm

    163 S Kingsley Dr, Los Angeles, CA 90004

    $1,790,000

    • 6 Beds
    • 3.5 Baths
    • 3,389 Sq Ft
    • 163 S Kingsley Dr
    • New 12 days ago

    Welcome home to this masterfully preserved piece of Los Angeles history with this 1909 Craftsman estate, originally restored by the acclaimed historical architect Martin Weil. This property offers a rare combination of early 20th-century artistry and high-end modern upgrades, functioning as a legal duplex with two distinct living spaces. The primary home features 5 spacious bedrooms and 2.5

    Agent Photo
    David Shin
    Dream Realty & Investments Inc
    (833) 350-9970
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  • Sunday, May 24
    1 - 4pm

    520 S Kingsley Dr Unit PH3, Los Angeles, CA 90020

    $1,330,000

    • 3 Beds
    • 3 Baths
    • 2,130 Sq Ft
    • 520 S Kingsley Dr
    • Unit PH3
    • New 23 days ago

    Penthouse-level residence in a prime Koreatown location, ideally situated on the north of 6th Street. This expansive 3-bedroom, 3-bathroom home offers approximately 2,130 square feet of refined living space, highlighted by dramatic double-height ceilings soaring nearly 24 feet and an abundance of natural light. The main level showcases an open-concept living and dining area anchored by a striking

    Mia Shin Seeders Real Estate

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  • Saturday, May 30
    1am - 4pm

    326 S Kingsley Dr, Los Angeles, CA 90020

    $1,180,000

    • 3 Beds
    • 3 Baths
    • 2,328 Sq Ft
    • 326 S Kingsley Dr
    • New 1 day ago

    A single-level, 2,328 Sq.Ft. quintessential New York-Style Flat residence in Los Angeles Wilshire Center / Korean Town Area ~ Set above the street on an up-slope lot, this condo offers a secluded / secure setting through an automatic swing gate for entry ~ 2025 remodeled with modern materials while enhancing the original architectural charm ~ 9-foot ceilings throughout, brand-new electrical and

    Michael Shang Pros Group Inc

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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

Rental Home Trends

Number of Homes for Rent
271
Median Rent
$2,215
Median Single Family Home Rent
$2,497
Median 4 Bedroom Single Family Home Rent
$4,800
Median Townhouse Rent
$3,300
Median 3 Bedroom Townhouse Rent
$3,998
Median Condo Rent
$2,400
Median 2 Bedroom Condo Rent
$2,925

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
$79,597
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

Fairly friendly

Bikeability®

50 / 100

Very friendly

Walkability®

80 / 100

Very friendly

Transit®

80 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

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