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Building History

A 07/2016 press release from the building's new owners, MWest Holdings, discussed the firm's plans for refurbishing the Park Wilshire Apartments: "Located at 2424 Wilshire Boulevard, between Koreatown and downtown Los Angeles, the eight-story building is a beautiful example of the Italian Renaissance Revival style. Clad in polychrome red brick, the Park Wilshire originally opened in 1924 as a residential hotel. Clad in polychrome red brick, the Park Wilshire originally opened in 1924 as a residential hotel. Today, the building features spacious studio, one-, and two-bedroom apartments, many of which boast expansive city views. MWest Holdings will restore the original vitality and grandeur to Park Wilshire, just as it has done in the renovation of its previous acquisitions of historic buildings. Prioritized in the renovation will be the restoration of the building's signature rooftop sign that had been an iconic fixture on Wilshire Blvd since the 1920s. "The Park Wilshire neon sign is not just a glowing placard, but also an atmospheric symbol that returns the building, as well as the surrounding neighborhood, to its roots in Los Angeles' classic film noir period," states MWest President, Karl Slovin. MWest will also substantially upgrade the building with a refurbished lobby, new corridors, reconstructed and redesigned unit interiors, fresh landscaping, and a brand new, fully-equipped, state-of-the-art fitness center and business center - all while maintaining the unique character and historic charm of the property. "With the imminent completion of our renovations to the Wilshire Royale, located across the street, we look forward to turning our creative energy to the Park Wilshire. We want to bring it back to life," says Slovin." (See MWest Holdings.com, "MWest Holdings Acquires The Historic Park Wilshire Apartments," published 07/27/2016, accessed 06/11/2025.)

Building Notes

According to the Los Angeles County Department of Assessments, the Park-Wilshire Apartments occupied a 22,748-square-foot lot, and contained 112,747 square feet of space. The building had 170 units, each with an average size of 663 square feet. (See County of Los Angeles, Department of Assessment.gov, “Los Angeles County Assessor Portal for AIN: 5141-004-003,” accessed 11/08/2020.