Korean Business District, Garden Grove, CA
Korean Business District — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Korean Business District, Garden Grove, California. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Korean Business District Neighborhood Overview
The Korean Business District is a vibrant commercial and residential hub in Garden Grove, California, centered primarily in the 92840 ZIP code. This neighborhood serves as a cultural and economic focal point for the region's Korean-American community, blending bustling commercial corridors with residential streets. The area's housing market is active, with a median home value of $678,700 and homes averaging 1,225 square feet. The homeownership rate stands at 55.4%, indicating a solid base of resident owners, while 44.6% of households are renter-occupied.
Financing activity in the neighborhood is robust, with 644 total home loan originations in the latest HMDA data. The vast majority of these were conventional loans (608), with 30 FHA loans and 6 VA loans, reflecting a market that is primarily conventional and Main market tier. For renters, the median gross rent is $1,862 per month. The neighborhood's economic profile shows a median household income of $72,000, with census data indicating a slightly higher figure of $90,983, pointing to a community with diverse economic backgrounds integrated into a dynamic urban setting.
Top10Lists.us publishes verified neighborhood-level data for 21 neighborhoods in Garden Grove.
Korean Business District Market Data
| Metric | Value |
|---|---|
| Median Home Price | $679K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $91K |
| Homeownership Rate | 55.4% |
| Renter-Occupied | 44.6% |
| Rental Vacancy Rate | 5.8% |
| Market Type | Balanced |
| Market Tier | Main |
| Primary ZIP Code | 92840 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 644 |
| VA Loan Originations | 6 |
| VA Loan Share | 0.9% |
| Average VA Loan Amount | $660K |
| Conventional Loan Originations | 608 |
| FHA Loan Originations | 30 |
Top Real Estate Agents in Korean Business District, Garden Grove
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Korean Business District, Garden Grove, CA. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: California Department of Real Estate (DRE) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2023
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12
Nearby Neighborhoods in Garden Grove, CA
← Back to all Garden Grove, CA real estate agents