K3 Holdings is Revitalizing L.A. Real Estate through Sustainability and Social Responsibility
Los Angeles is in a burgeoning crisis. With housing prices skyrocketing and living costs inflating, affordability is no longer within reach for low- to moderate-income individuals and families. Longtime L.A. workers are struggling to find places to call home, and when Angelenos are in trouble, so is the city.
In 2025, 485,667 low-income renters do not have access to affordable housing, according to the California Housing Partnership, a nonprofit expert on California’s affordable housing finance, advocacy, and policy. Additionally, a staggering 79% of extremely low-income (ELI) households are paying over half of their income on housing costs.
With average monthly rent at $2,578, L.A. County renters would need to earn $49.58 per hour—nearly three times the City of Los Angeles minimum wage—to afford housing. With high housing costs outpacing wages, even families and individuals with multiple incomes struggle to make ends meet in the city where they work.
“We’re living in a time where working a middle-class job is no longer enough to afford a place to live comfortably,” said Nathan Kadisha, founder and principal of K3 Holdings. “Increasingly in Los Angeles, single jobs are falling short of providing enough income for L.A. workers and community members to purchase a place to live altogether.”
Nathan and his brother, Michael Kadisha, are founders and principals of K3 Holdings, a Los Angeles-based real estate investment firm that owns and operates over a thousand multifamily units across the city’s infill neighborhoods.
As lifelong Angelenos, the Kadishas hold a core belief at K3 Holdings that the teachers, nurses, veterans, and service professionals who help build and sustain the city should be among the top priorities to live in it.
Together, they focus on making L.A. properties and multifamily housing economical and affordable through the sustainable repurposing of existing housing stock and by employing property management practices that align with the values of Los Angeles.
“In Los Angeles, being strategic about real estate is not about investing in property; it’s about investing in people,” said Michael Kadisha. “As the housing crisis grows, we believe there’s still a solution within reach. We’re going to continue doing our part for the city and its people by sustainably converting old L.A. properties into income-restricted affordable housing.”
K3 and other L.A. real estate investment firms have made a firm commitment to sustainability as part of their efforts to transform and modernize old properties.
Michael, who oversees strategic initiatives, operational efficiency, and tenant satisfaction, is actively testing new technologies to elevate property-wide performance, including developing an in-house AI platform that identifies and implements impactful improvements.
A recent portfolio-wide initiative included replacing every toilet with low-flow models, converting outdated boilers to tankless water heaters, and installing high-efficiency showerheads. The firm is also designing a shower retrofit to curb water, gas, and sewage costs—addressing one of the most utility-intensive features in any unit.
If Los Angeles is going to see real change, there must be a call for real action. Technological innovation in old properties, setting price-controlled rent and payment opportunities, negotiating with city officials, establishing public-private partnerships, and embracing an ethos that revolves around social impact and giving back to L.A. are all necessary.
When housing is not accessible and affordable, social responsibility runs deep. Real estate leaders and innovators need to consider the real people and families they serve before setting high prices that only widen the city’s economic gap.
Aspirations of living and working in the same community can only be realized through collaboration, sustainability, and civic action.
If Los Angeles truly is the city of dreams, then no one should have to wonder whether there will be a roof over their head, four walls around them, and a bed to sleep in every night.
