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Koreatown Residents Push Back Against Rising Rents: 'This Is Our Neighborhood'

As median rents in the historic district climb past $2,100 monthly, longtime residents and business owners speak out about displacement fears.

By Los Angeles News Desk · Published 1 July 2026, 2:05 pm

2 min read

Koreatown Residents Push Back Against Rising Rents: 'This Is Our Neighborhood'
Photo: Photo by Ran Hua on Pexels

Listen to this article · 3:23

Walking down Olympic Boulevard on a Wednesday afternoon, Jung-soo Park points to the storefront where her family's kimchi restaurant operated for 22 years before closing last month. The space now sits vacant, awaiting a new tenant—likely a chain establishment, she fears.

"My grandfather came here in 1975," Park said, standing outside the shuttered restaurant near Catalina Avenue. "We built this community. Now it feels like we're being pushed out of it."

Park's experience reflects a broader crisis in Koreatown, where median rents have surged to $2,140 per month—a 34% increase over five years, according to recent data from the Los Angeles Housing + Community Investment Department. For the neighborhood's predominantly immigrant and working-class population, the math no longer works.

The tension boiled over last week when residents packed a community meeting at the Koreatown Youth and Community Center on Ardmore Avenue. More than 200 people came to voice concerns about gentrification, with local tenants describing midnight eviction notices and landlords refusing lease renewals.

"I moved here because it was affordable," said Maria Gonzalez, who has rented a one-bedroom apartment near Wilshire Boulevard for eight years. "Now my landlord wants to renovate and triple the rent. Where am I supposed to go?"

The displacement isn't just residential. Along Vermont Avenue and Western Avenue, longtime Korean restaurants, grocery stores, and family-owned businesses are being replaced by trendy cafes and upscale eateries catering to newer, wealthier arrivals. The Korean American Chamber of Commerce estimates that roughly 15% of Korean-owned businesses have closed since 2022.

Councilmember Marty Saenz acknowledged the urgency during the meeting, committing to explore rent stabilization measures and increased funding for the city's anti-displacement programs. However, residents expressed skepticism, pointing out that similar initiatives in other LA neighborhoods have moved slowly.

"We need action now, not promises," said David Kim, a community organizer with the Koreatown Community and Culture Center. "Every month, another family leaves. Every month, another business disappears."

For longtime residents like Park, the question isn't abstract policy—it's whether their community will survive the transformation already reshaping blocks they've called home for generations. As she locked her apartment door to head to her new job across town, the weight of uncertainty was evident.

"This is still our neighborhood," she said quietly. "But we're running out of time."

This article was compiled by AI and screened before publishing. See our editorial standards.

Topic:#News

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