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Old 06-28-2010, 06:47 PM
 
3 posts, read 6,252 times
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craigslist lists a LOT of koreatown studios for $600-800 rent. what's the catch? there must be one.
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Old 06-29-2010, 01:30 PM
 
Location: City of Angels
3 posts, read 5,952 times
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Quote:
Originally Posted by kat226 View Post
craigslist lists a LOT of koreatown studios for $600-800 rent. what's the catch? there must be one.
No catch. That's all the market can charge.

There is plenty of supply, probably no parking included, and you may have some undesirable or incompatible neighbors, depending on the history of the neighborhood and the building and the management - LA City doesn't allow management to remove negative elements from the building.

K-Town is noted for being the most walkable part, and reasonably transit-friendly part of LA, if those matter to you. Now is a great time to shop for a place.
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Old 06-29-2010, 03:38 PM
 
Location: Los Angeles
186 posts, read 549,340 times
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$600 - 800 doesn't sound bad at all. I'm going to be paying $800-850 for a room in someone's house in Santa Monica.
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Old 06-30-2010, 09:14 PM
 
Location: Guangzhou, China
9,734 posts, read 13,281,007 times
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Sounds about right. When I moved to LA in '02, I lived in a 1-bedroom in Koreatown and paid $750. This was before the credit boom drove the housing costs through the roof (when we moved 2 years later, they charged the incoming guest $1000).

Koreatown is a pretty fun area overall. Lots of excellent Korean and Japanese dining options nearby as well as some good Indian, Mexican, Thai, and Filipino options (not much in the way of Chinese though, all things considered). From where we were, on Edgemont between Beverly and 3rd, we could easily walk to Von's (Safeway-owned Socal supermarket chain), HK Super (mega-inexpensive Korean supermarket, excellent prices on produce), any manner of eateries, etc.

Overall, I loved my neighborhood for about a year and a half before the commute to Santa Monica and the Westside did me in. Koreatown is basically the center of LA, which is great on the one hand, but on the other, it means that getting anywhere in town is an equally difficult haul. And worse than the commute was the parking: in many parts of Koreatown (most of which are areas where they advertise the 600-800 apartments), families will pitch in to buy a barely-operable car that they use as a stopgap to block a space for them to park later!
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