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The Wilshire Corridor

One of the most prestigious places in Los Angeles to live today is the Wilshire Corridor. It is a small section of Wilshire Boulevard that sits between Beverly Hills and Westwood, but you will find no shortage of luxury condominiums and breathtaking high-rises here. It is a great alternative to the normal estate living that we associate with Los Angeles and is justly called the “Golden Mile.” This area sits between 3rd street on the north, Highland Avenue on the east, San Vicente Boulevard on the south, and Fairfax avenue to the west. It is known for attracting business and entertainment moguls, professional athletes, and much more alike. However, this type of environment and luxury living does come with a price tag. Even with its extravagant amenities, around the clock security, and otherworldly designs the average price per square foot in the area is estimated to be around $780.00 respectively. There are over one-hundred current listings in the area and in 2018 alone more than one-hundred and sixty sales took place. The median price in 2018 for any one of the units sold was estimated to be around $1.2 million dollars, this is around fifteen percent higher than the previous year in 2017. However, if you choose to run with the social elites you will have to dig a little deeper into your pockets. Although some penthouses on the Corridor have sold in excess of $20 million in the past, some of the highest priced penthouses today will run between $9 and $10 million.

Whether you choose to live at the Beverly West, whose median price last year was $9.375 million at a price per square foot of $2,363.50. Or if you choose to live at the Westholme whose median price was $675,500 at a price per square foot of $513.00, you cannot deny that you will be exposed to everything that Wilshire Boulevard has to offer and everything that Los Angeles has to offer as well. You will not only be exposed to the cultural center that is the Wilshire Corridor, but it is said that once you move to this prestigious area your mindset will forever change. Not only because of where you live but your perspective on how you live and how you should live. To some, this concept may not sit right, but maybe that is why this area is so special. It not only encourages those who drive through its streets every day to continue to push the envelope on what is possible, but it embodies everything that this great city is about. The Wilshire Corridor is the embodiment of hard work, dedication, and the endless pursuit of success in hopes that one day you too can reach heights as magnificent as the penthouses that sit above the clouds over the “Golden Mile.”