Koreatown Apartment Building Sales
Explore 4 closed transactions totaling $12.65M in Koreatown. Data from the LAAA Team at Marcus & Millichap.
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Transactions
$12.65M
Total Volume
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Avg Cap Rate
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Avg $/Unit
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Avg Units
2012
Since
These closings are development sites and commercial sales, so there is no apartment cap rate or per-unit average to report.
LAAA Team Track Record Since 2012
Koreatown Multifamily Market Overview
Koreatown is the most densely populated neighborhood in the US with Metro Purple Line connectivity. All 4 of the LAAA Team's Koreatown closings, totaling $12.7M, are development sites rather than existing apartment buildings, so the team's Koreatown record prices on land value rather than per unit. The 24-hour commercial landscape sustains occupancy above 97%. LA RSO applies.
Market Snapshot
Source: CoStar | Koreatown Multifamily | 2026 Q1Rents by Unit Type
Investment Activity (Trailing 12 Mo)
Koreatown Market Area
LAAA Team Closings in Koreatown
4 transactions by Glen Scher, Filip Niculete & the LAAA Team
4718-4726 Oakwood Ave
Los Angeles • 2026
$4,700,000
4705-4709 Elmwood Ave
Los Angeles • 2025
$3,050,000
245 N Gramercy Pl
Los Angeles • 2021
$1,480,000
667-671 North Wilton Place
Los Angeles • 2019
$3,425,000
Source: LAAA Team Closed Transactions
Recent Deal Stories
Koreatown Multifamily Investment FAQs
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