Wilshire Center, CA Real Estate
View current listings for real estate in Wilshire Center, or read more about the city of Wilshire Center.
Listings Updated Daily.
Wilshire Center Homes for Sale
Real Estate Statistics
| Average Price | $1.7M |
|---|---|
| Lowest Price | $275K |
| Highest Price | $8.8M |
| Total Listings | 20 |
| Avg. Days On Market | 88 |
| Avg. Price/SQFT | $641 |
Property Types (active listings)
Wilshire Center is one of the oldest districts in Los Angeles. Part of the suburban area in 1895 when it was first established and developed by Gaylord Wilshire, it is now one of the most centrally located and thus convenient residential neighborhoods in Los Angeles. Laid out with a formal, logical gridwork and broad streets designed to accommodate horse-drawn buggies and street cars, the wide thoroughfares and ample sidewalks have helped keep the neighborhood vibrant and have ensured that there was plenty of room for commercial and residential expansion throughout the 20th century.
Originally home to small farms and large, opulent hotels, the demand for real estate and housing during the 1950s and 60s led to Wilshire Center rapidly becoming an urban cityscape filled with tall apartment complexes and office buildings. Real estate agents in the area tend to list apartments and condos, with very few single-family homes being on offer. These apartments are usually part of large complexes, though many offer multiple bedrooms and are designed with an eye towards large families. Due to the influx of Korean immigrants throughout the 60s, 70s, and 80s, many real estate agents in Wilshire Center are fluent in Korean and are readily able to help new immigrants negotiate the complex world of American homeownership.
The population of Koreans in Wilshire Center is so high that it is often referred to as "Korea Town" or "K-Town" by its residents. The area is home to a large number of Korean restaurants, shops, and cultural events. Additionally, demands by the residents to offer Korean-style public transportation and mobility has led to the area having more light rail stops, bus stops and pedestrian overpasses than any other similarly sized district in Los Angeles. This makes it one of the few areas where residents who choose not to own a car have no difficulty getting around, either by foot or public transport.
Despite the large number of Korean immigrants, Wilshire Center is very culturally and ethnically diverse. The availability of inexpensive apartments in a central location is very attractive for students, young families and recent immigrants of all stripes. This is reflected in the large number of places of worship in Wilshire Center, including many Protestant and Catholic churches, a reformed Jewish temple, a Mosque, and several other small buildings which focus on new-age religions. Additionally, residents have many educational opportunities for themselves and their children. Zoned for the Los Angeles Unified School District, all students may freely attend Los Angeles High School in addition to the numerous elementary and middle schools provided by the city. There are also a number of private schools, both religious and secular, for those wanting a private education.
For more information about Wilshire Center Real Estate, please contact our office at 323 412-9060(Los Angeles).