3055 W 7TH ST — Rent Intelligence for Koreatown, LA

Koreatown · Los Angeles, CA 90005

Built 1980

Current rent range

$1,649 – $4,439 / mo

5 bedroom bands tracked · sampled from recent listings

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★★★★★0.00 reviews

Verified reviewsMPOwned byMYER PROPERTY LLC1 bldg

3055 W 7TH ST

Los Angeles, CA 90005

HPD violations1last 7 years · class A, B, C

Evictions filed0last 7 years

Tenant reviews0no reviews yet

Rent-stab units—no coverage

Building age46 ybuilt 1980

311 complaints11last 7 years

01 / 10

Rental intelligence.

Neighborhood Median Rent

Koreatown · March 2026

Studio

$1,940/mo

1 BR

$2,170/mo

2 BR

$2,740/mo

3 BR

$3,480/mo

4 BR

$3,860/mo

Compare this building's listings above against the neighborhood medians.

Seasonal Pattern

Best & worst months to sign a lease

Cheapest

December

Most expensive

May

JFMAMJJASOND

Potential savings: ~17% by timing your move to December.

Units Historic Rent 0 listings

—No dataNo recent listings

Neighborhood Rent Range Koreatown

Studio

$1,450

$1,450

1 Bed

$2,024

$2,024

2 Bed

$2,740

$2,460 – $2,981

3 Bed

$4,500

$4,500

4 Bed

$3,860

$3,281 – $4,439

Range (P25 – P75)MedianBased on recent listings in Koreatown

01 / 09

Rental intelligence.

01b / 09

Rent trends.

Koreatown

Quarterly market rent, 2014–2026 (latest = Q1 2026 forecast)

Asking rent

$1,968

current quarter

Effective rent

—

per bedroom only

YoY change

-0.5%

asking, vs 1 yr ago

10-year change

16%

asking, since ~'16

Asking rent per bedroom type — switch tabs to see each with effective (concession-net) rent.

01b / 09

Rent trends.

02 / 10

Violations, 311, & more.

hpd · dob · 311 · acris
last 7 years

Violation & Complaint Trends

Monthly counts over the last 7 years · all data sources

Worsening

HPDTop Violations

1 total

Uncategorized
1

311Top Complaints

11 total

Graffiti Removal
5
Service Not Complete
1

DOBTop Filings

0 total

DOB Violations
0

EvictionsEvictions

0 filed

Evictions filed
0

Violations by Unit

(1 unit)

UnitViolationsOpenLast Inspected

Recent records

Last 7 years

Class NOpenOct 17, 2024
NAR

See all 1 HPD records

02 / 09

Violations, 311, & more.

05 / 10

The landlord.

MYER PROPERTY LLC

Portfolio of 1 building

Portfolio-level grade reflects the landlord's buildings across the city, weighted by unit count. Individual building grades may differ.

View full landlord profile

buildings

3.2

avg score / 5

B-

portfolio grade

nearby owned

Ownership timeline · this building

ACRIS deeds and regulatory filings

1980Building constructed
nowMYER PROPERTY LLCOwner of record per HPD registration.

05 / 09

The landlord.

06 / 09

Location & daily life.

07 / 10

About this area.

Koreatown · 90005

Neighborhood overview

Koreatown→

Vibe · top buildings · landlords · schools · transit

Crime in 90005

See full breakdown→

Incident type · 6-month trend · vs. Los Angeles average

Rent trends in Koreatown

Median rent & comparables→

1BR & 2BR averages · month-over-month · current listings

Nearby neighborhoods to explore

Koreatown· 0.74 mi Mid-Wilshire· 0.79 mi Koreatown· 0.84 mi Westlake· 0.92 mi Los Feliz· 1.28 mi

08 / 10

History of the building.

construction · ownership · permits

198019902000201020202030

1980

Building constructed

Construction completed

now

Current owner: MYER PROPERTY LLC

Registered owner on file.

Recent Activity

7 events

311MEDIUMFeb 4, 2026
Service Not Complete — Call
HPDLOWOct 17, 2024
HPD Class N Violation — NAR
311MEDIUMFeb 21, 2020
Graffiti Removal
311MEDIUMJan 3, 2020
Graffiti Removal
311MEDIUMNov 1, 2019
Graffiti Removal
311MEDIUMApr 28, 2019
Graffiti Removal
311MEDIUMFeb 9, 2019
Graffiti Removal

07 / 09

History of the building.

10 / 10

Frequently asked questions.

10 / 10

LA-specific insights.

Rent Comparison

Studio
This building: $1,649 – $2,231
34% aboveArea: $1,450
1 Bed
This building: $1,845 – $2,496
7% aboveArea: $2,024
2 Bed
This building: $2,329 – $3,151
1% aboveArea: $2,721
3 Bed
This building: $2,958 – $4,002
23% belowArea: $4,500
4+ Bed
This building: $3,281 – $4,439
—Area: —

Review Summary

0 reviews

0.0 / 5

Mixed feedbackBased on 0 reviews

Read all 0 reviews →

Neighborhood Vibe

The western edge of Koreatown is dense, vibrant, and endlessly delicious -- 24-hour Korean BBQ joints, karaoke rooms, and spas line Western and Wilshire. It's one of LA's most transit-friendly neighborhoods thanks to the Metro Purple Line, and rents remain surprisingly reasonable for such a central location.

FoodieDenseTransit-AccessibleAffordableNightlife

Energy Score

No energy benchmarking on file.

Walkability & Transit

Limited transitTransit score · 4 nearby stops

Nearest TransitBus · 10 min walk

Nearby Stops4

Bus

Estimated from nearby transit stop data

Nearby Transit

BUS

Vermont / Olympic204-13196
0.5 mi10 min
Vermont / Olympic204
0.5 mi10 min
Olympic / Vermont28-13196
0.5 mi10 min
Olympic / Vermont28
0.5 mi10 min

Nearby Schools & Colleges

PUBLIC SCHOOLS

Young Oak Kim Academy6-8
0.2 mi4 min
Los Angeles High School Of The Arts9-12
0.3 mi7 min
School For The Visual Arts And Humanities9-12
0.3 mi7 min
Ambassador-Global Leadership6-12
0.3 mi7 min

CHARTER SCHOOLS

Equitas Academy #25-8
0.4 mi7 min
Rise Kohyang Middle6-8
0.5 mi10 min
Rise Kohyang ElementaryKG-5
0.5 mi10 min

At a glance

Year built1980

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Building record last updated 23 days ago. Sourced from HPD, DOB, 311, and Lucid Rents data syncs.