Koreatown Apartment Building Sales
Explore 4 closed multifamily transactions totaling $12.65M in Koreatown. Data from the LAAA Team at Marcus & Millichap.
4
Transactions
$12.65M
Total Volume
—
Avg Cap Rate
$211,429
Avg $/Unit
7
Avg Units
2013
Since
Koreatown Multifamily Market Overview
Koreatown is the most densely populated neighborhood in the US with Metro Purple Line connectivity. Across 4 transactions totaling $12.7M, average price per unit is $211K. The 24-hour commercial landscape sustains occupancy above 97%. LA RSO applies.
Market Metrics
Total Deals
4
Total Volume
$12.65M
Avg Cap Rate
—
Cap Rate Range
—
Avg $/Unit
$211,429
$/Unit Range
$211,429 - $211,429
Avg Units/Deal
7
Deal Types
Land: 3, Apartments: 1
Market Snapshot
Source: CoStar | Koreatown Multifamily | 2026 Q1Rents by Unit Type
Supply & Demand
Investment Activity (Trailing 12 Mo)
LAAA Team Closings in Koreatown
4transactions by Glen Scher, Filip Niculete & the LAAA Team
4718-4726 Oakwood Ave
Los Angeles • 2026
$4.70M
4705-4709 Elmwood Ave
Los Angeles • 2025
$3.05M
245 N Gramercy Pl
Los Angeles • 2021
$1.48MUnits
7$/Unit
$211,429
667-671 North Wilton Place
Los Angeles • 2019
$3.42M
Source: LAAA Team Closed Transactions
Recent Deal Stories
Koreatown Multifamily Investment FAQs
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