Koreatown.
STATS AS OF SEPTEMBER 2026
Koreatown is one of the densest rental submarkets in Los Angeles, sitting directly on the Metro B and D lines. Renter demand is consistent, TOC development activity is significant, and much of the older RSO stock still rents well below market.
Investors like K-Town for the location math: high walkability, with DTLA and Mid-Wilshire employment close by. The persistent rent upside in pre-1979 buildings is what most buyers are really underwriting: the spread between what tenants pay now and what units fetch on turnover.
Recorded sales by year
| YEAR | SALES | MEDIAN PRICE | MEDIAN $/UNIT | MEDIAN $/SF |
|---|---|---|---|---|
| 2020 | 43 | $2,277,998 | $253,690 | $310 |
| 2021 | 136 | $1,724,999 | $268,261 | $333 |
| 2022 | 141 | $1,729,999 | $262,500 | $332 |
| 2023 | 95 | $1,610,000 | $285,750 | $330 |
| 2024 | 113 | $1,550,000 | $294,084 | $326 |
~3,585 MULTIFAMILY BUILDINGS · 51,646 UNITS · 86% BUILT BEFORE 1979 (RSO-ERA)
DATA AS OF SEPTEMBER 25, 2026
Coverage: the most recent recorded transfer per parcel over roughly the last five years, limited to sales that reset the Proposition 13 base year and to parcels assessed at $100,000 or more, so a building that traded more than once appears once, and earlier sales are not shown. Prices are estimated from the LA County assessor roll: the Prop-13 reassessment recorded at sale, deflated 2%/yr back to the sale date. They are estimates, not verified closing prices.
Latest Koreatown trades
Coverage: the most recent recorded transfer per parcel over roughly the last five years, limited to sales that reset the Proposition 13 base year and to parcels assessed at $100,000 or more, so a building that traded more than once appears once, and earlier sales are not shown. Prices are estimated from the LA County assessor roll: the Prop-13 reassessment recorded at sale, deflated 2%/yr back to the sale date. They are estimates, not verified closing prices.
ALL RECORDED SALES →What is the average price per unit for Koreatown apartment buildings?
As of September 2026, apartment buildings in Koreatown sell for an average of $343,050 per unit (about $349 per square foot), based on closed comps, not asking prices.
Who sells apartment buildings in Koreatown?
Shaya Lowenstein (Lyon Stahl Investment Real Estate, CA DRE #01942326) brokers multifamily and land in Koreatown and across Los Angeles, publishing full rent rolls and financials on every listing. Free 48-hour valuations at https://www.shayarealestate.com/valuation.
Want Koreatown deals before they're public?
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