Koreatown Property Management

Koreatown is one of Los Angeles' densest neighborhoods — a compact grid along the Wilshire corridor where the overwhelming majority of residents rent. The Metro B and D lines stop at Wilshire/Western and Wilshire/Normandie, and the neighborhood's around-the-clock dining and nightlife keep demand strong for units close to the corridor.

Most of Koreatown's housing is multifamily, and much of it is older stock covered by Los Angeles' Rent Stabilization Ordinance. JDW Management does not currently accept LA properties subject to RSO — our Koreatown practice focuses on commercial, retail, and office properties, plus the newer residential buildings that fall outside RSO. We confirm exactly which rules apply to your property as part of the management proposal.

Management is a flat 7% of collected rent with a $100 monthly minimum — residential and commercial, regardless of the property’s condition when we take it over. There are no onboarding fees, no maintenance markups, and no fees on rent we don’t collect.

Residential tenant placement is 30% of the first month’s rent, the annual inspection is $100 per unit, and residential lease renewals carry no separate fee. New commercial leases are 3% of total lease value, with renewals at 1%. Every fee we charge is published on our pricing page.

You set a repair-authorization threshold at onboarding — the level of spending that requires your sign-off — and everything below it, we just handle. Maintenance expenses are passed through at cost, never marked up, and emergency work can proceed when needed to protect occupants or prevent further damage.

Larger repairs and capital projects get a defined scope, budget, and approval step before work begins, with no project-oversight fee. Tenants submit requests with photos through the resident portal, and every work order is tracked from submission through completion.