K-Town’s Largest Multifamily Build Opens to Huge Success

The property features 467 units, making it the largest apartment complex in Koreatown.

LOS ANGELES—Century West Partners has completed construction of the final building of K2LA, a new multifamily complex that has been hailed the largest and most amenitized complex in Koreatown. Already, the property has seen enormous success. The second building opened in March and is already 60% leased. Century expects building three to experience similar success, with a goal of leasing 40 units per month.

“The K2LA community features smart residences situated within three contiguous buildings. Great measures were taken to ensure the buildings fit into the surrounding neighborhood through the use of materials, scale, design and landscaping,” Kevin Farrell, president of Fifield Realty Corp. and a partner at Century West Partners, tells GlobeSt.com. “The lease up is going quickly. We opened the second building in the K2LA campus in March 2016 and are 60 percent leased. Our third and final building opened this week and the interest has been tremendous. We are expecting to lease 40 units per month, as we enter summer months.