Wilshire Corridor Condos, Some Questions and Answers

By
Real Estate Agent with Power Brokers Int'l BRE# 01439865

I field many requests from people looking for Wilshire Corridor rentals, so I would like to answer some common questions I receive.

The Wilshire Corridor consists for the most part of high-rise condominium buildings, each unit being Wilshire Corridor Q & Aowned by a private party.  There are a 
few apartment complexes, but when people think Wilshire Corridor they think of the luxury full-amenity condo buildings.

Below are answers to some of the questions I often get from people wishing to rent on the Corridor.

Q: Is it possible to get a short-term rental?

A:  No.  Most, if not all, the homeowners' associations of these buildings don't allow less than a year's rental.  There is no way around this.

Q:  Can I have a pet?

A:  Yes and no.  Some buildings allow pets, usually with a size restriction.  Some don't.  And even if the building does allow pets, the individual owner of the property may not.  Your agent will have to ask.

Q:  How expensive is it to rent on the Corridor?

A:  For the full-amenity buildings, the minimum lease is going to be around $2,500, but more commonly it will start around $3,000.  The median price is around $4,250.  The highest leased over the past year was a three-bedroom at The Carlyle for $15,000 a month and there is presently a three-bedroom, unit available at The Californian for $24,950 a month.

Q:  Are the units furnished or unfurnished?

A:  You may find the odd unit that is furnished, but usually they are unfurnished.

Q:  Do I have to pay the homeowners' dues?

A:  No.  The owner of the unit pays the dues.

Q:  What is included in the rent?

A:  Your additional expense will include utilities, such as gas, electric and cable.  The owner pays for water.  However, there may be an instance where utilities are included such as at the Wilshire Regent, but that is rare. Everything else is included in the rent.

Q:  Where do I park?

A:  In some of the full-service buildings you can park your own car, but in most cases the valet will take your car and park it.  You may call down before leaving and have them bring the car around.

Q:  Where do my guests park?

A:  In most cases, if you just have a few guests, the valet will handle their cars.  If you are having a party then you will be allowed a certain number of parking spaces above which you will need to pay.

Q:  Do I have to tip the valet?

A:  In most cases no.  There are a few buildings where it might be O.K. occasionally, but most of the buildings forbid tipping.  You can always give a gift over the holidays, which is what the residents typically do.

Q:  Can I use the facilities?

A:  Absolutely.  As a tenant in the building you have almost the same rights as the owner.

Q:  What are the rules:

A:  When you move in your landlord is required to provide you with the homeowners' rules and regulations by which you must abide.

Q:  Is the price negotiable?

A :  Everything is negotiable.  You can always ask

Q:  Can I write a lease option agreement?

A:  Probably not, since a seller is not going to want to tie in the the option at today's prices.  However you can request first right to buy should the owner wish to sell.

Q:  Is there a move-in move-out fee.

A:  Almost certainly yes, plus a deposit held by the building until they are satisfied that nothing has been damaged.

If you have any other questions about Wilshire Corridor rentals, don't hesitate to contact me.

Wilshire Corridor Rentals

Showing properties 1 - 25 of 41. See more Wilshire Corridor Condos for Lease
(all data current as of 9/5/2012)

  1. 2 beds, 2.0 baths
    Home size: 1,459 sq ft
    Lot size: 17,623 sqft
    Year built: 1962
    Days on market: 1
     
  2. 2 beds, 2.0 baths
    Home size: 974 sq ft
    Year built: 1972
    Parking spots: 2
    Days on market: 1
     
  3. 4 beds, 5.0 baths
    Home size: 5,499 sq ft
    Lot size: 18,523 sqft
    Year built: 1981
    Parking spots: 4
    Days on market: 2
     
  4. Photo of 10660 WILSHIRE, Unit 506, Los Angeles, CA 90024 (MLS # 12622331)
    2 beds, 3.0 baths
    Home size: 1,800 sq ft
    Lot size: 36,886 sqft
    Year built: 1980
    Days on market: 5
     
  5. Photo of 10800 WILSHIRE BLVD, Unit 303, Los Angeles, CA 90024 (MLS # 12621963)
    3 beds, 3.5 baths
    Home size: 3,270 sq ft
    Year built: 2006
    Parking spots: 2
    Days on market: 6
     
  6. Photo of 10445 WILSHIRE BLVD, Unit 1506, Los Angeles, CA 90024 (MLS # 12621939)
    2 beds, 2.0 baths
    Home size: 1,722 sq ft
    Year built: 1980
    Parking spots: 2
    Days on market: 6
     
  7. Photo of 10535 WILSHIRE, Unit 1606, Los Angeles, CA 90024 (MLS # 12621023)
    2 beds, 2.0 baths
    Home size: 1,088 sq ft
    Lot size: 1.21 ac
    Year built: 1978
    Parking spots: 2
    Days on market: 10
     
  8. Photo of 10560 WILSHIRE, Unit 1604, Los Angeles, CA 90024 (MLS # 12620709)
    2 beds, 2.5 baths
    Home size: 1,787 sq ft
    Lot size: 41,093 sqft
    Year built: 1982
    Days on market: 14
     
  9. Photo of 10800 WILSHIRE BLVD, Unit 1103, Los Angeles, CA 90024 (MLS # 12620339)
    3 beds, 3.5 baths
    Home size: 3,280 sq ft
    Year built: 2005
    Parking spots: 2
    Days on market: 15
     
  10. Photo of 10520 WILSHIRE BLVD, Unit 1201, Los Angeles, CA 90024 (MLS # 12620291)
    2 beds, 2.0 baths
    Home size: 1,407 sq ft
    Lot size: 31,569 sqft
    Year built: 1989
    Parking spots: 2
    Days on market: 15
     
  11. Photo of 10787 Wilshire 702, Los Angeles, CA 90024 (MLS # S709064)
    3 beds, 3 full, 2 part baths
    Home size: 1,459 sq ft
    Year built: 1962
    Parking spots: 4
    Days on market: 20
     
  12. Photo of 10535 Wilshire Boulevard #1410, Los Angeles, CA 90024 (MLS # F12103497)
    2 beds, 2 full baths
    Home size: 1,088 sq ft
    Lot size: 1.21 ac
    Year built: 1978
    Parking spots: 4
    Days on market: 20
     
  13. Photo of 10724 WILSHIRE BLVD, Unit 1508 PH, Los Angeles, CA 90024 (MLS # 12617941)
    3 beds, 4.0 baths
    Home size: 2,943 sq ft
    Lot size: 1.16 ac
    Year built: 1989
    Days on market: 31
     
  14. Photo of 10535 WILSHIRE, Unit 705, Los Angeles, CA 90024 (MLS # 12617301)
    2 beds, 2.0 baths
    Home size: 1,088 sq ft
    Lot size: 1.21 ac
    Year built: 1978
    Parking spots: 1
    Days on market: 33
     
  15. Photo of 10535 WILSHIRE, Unit 1206, Los Angeles, CA 90024 (MLS # 12617181)
    2 beds, 2.0 baths
    Home size: 1,100 sq ft
    Year built: 1978
    Parking spots: 2
    Days on market: 33
     
  16. Photo of 10724 WILSHIRE, Unit 704, Los Angeles, CA 90024 (MLS # 12617073)
    1 bed, 1.5 baths
    Home size: 1,088 sq ft
    Lot size: 1.16 ac
    Year built: 1989
    Days on market: 33
     
  17. Photo of 10550 WILSHIRE, Unit 702, Los Angeles, CA 90024 (MLS # 12616407)
    2 beds, 2.5 baths
    Home size: 2,146 sq ft
    Year built: 1981
    Parking spots: 2
    Days on market: 36
     
  18. Photo of 10450 WILSHIRE BLVD, Unit 6J, Los Angeles, CA 90024 (MLS # 12615881)
    3 beds, 2.5 baths
    Home size: 2,064 sq ft
    Year built: 1961
    Parking spots: 2
    Days on market: 38
     
  19. Photo of 10535 WILSHIRE, Unit 1604, Los Angeles, CA 90024 (MLS # 12615859)
    2 beds, 2.0 baths
    Home size: 1,100 sq ft
    Year built: 1978
    Parking spots: 2
    Days on market: 38
     
  20. Photo of 10701 WILSHIRE, Unit 606, Los Angeles, CA 90024 (MLS # 12615923)
    2 beds, 2.0 baths
    Home size: 1,492 sq ft
    Lot size: 18,364 sqft
    Year built: 1964
    Days on market: 40
     
  21. Photo of 10350 WILSHIRE, Unit 1604, Los Angeles, CA 90024 (MLS # 12615377)
    2 beds, 3.0 baths
    Home size: 2,352 sq ft
    Year built: 1982
    Parking spots: 2
    Days on market: 41
     
  22. Photo of 10727 WILSHIRE, Unit 305, Los Angeles, CA 90024 (MLS # 12614223)
    1 bed, 2.0 baths
    Home size: 1,776 sq ft
    Lot size: 37,846 sqft
    Year built: 2001
    Parking spots: 2
    Days on market: 48
     
  23. Photo of 875 COMSTOCK AVE, Unit 14D, Los Angeles, CA 90024 (MLS # 12613857)
    3 beds, 3.0 baths
    Home size: 1,937 sq ft
    Lot size: 362 sqft
    Year built: 1961
    Parking spots: 2
    Days on market: 50
     
  24. Photo of 10433 WILSHIRE BLVD, Unit 1008, Los Angeles, CA 90024 (MLS # 12613395)
    1 bed, 1 full, 1 part baths
    Home size: 1,105 sq ft
    Parking spots: 1
    Days on market: 50
     
  25. Photo of 10433 WILSHIRE, Unit 702, Los Angeles, CA 90024 (MLS # 12613193)
    2 beds, 2 full, 1 part baths
    Home size: 1,418 sq ft
    Lot size: 31,460 sqft
    Year built: 1963
    Parking spots: 2
    Days on market: 51
     

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

 

 


Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tag to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Real Estate Industry
Location:
California Los Angeles County Los Angeles Wilshire Corridor
Groups:
Posts to Localism
Tags:
condos for sale on the wilshire corridor
wilshire corridor
wilshire corridor condos

Comments 15 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the umbrella to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
325,931
Shannon Milligan, Richmond VA Real Estate Agent
RVA Home Team - Winning with Integrity.
RVA Home Team with Jefferson Properties

Great questions and answers on the Wilshire Corridor Condos. The amenities sound AMAZING!

Hope you have a great day!

September 06, 2012 05:08 AM
Rainmaker
413,935
Patty Da Silva, Davie, Southwest Ranches Cooper City, Plantation, Weston, REALTOR
Top Listing Broker
BROKER of Green Realty Properties® - 954-667-7253

Great Q&A! So interesting to see how it differs from us!

September 06, 2012 07:58 AM
Rainmaker
864,535
Jane Peters
Connecting you to the L.A. real estate scene
Power Brokers Int'l

Joan,  they do indeed.

Larry,  no, tell me :)

Shannon,  thank you.  You too.

Patty, as we know, real estate is local :)

September 06, 2012 09:33 AM
Rainmaker
1,223,924
Al & Peggy Cunningham Brokers, Brampton Ontario Homes For Sale 905-450-5500
RE/MAX Realty Services Inc.

Great idea Jane to answer frequently asked questions all in one blog. This is very useful information for tenants!

September 06, 2012 05:37 PM
Rainmaker
864,535
Jane Peters
Connecting you to the L.A. real estate scene
Power Brokers Int'l

Al & Peggy,  thank you.

September 06, 2012 07:05 PM
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the eye to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
864,535

Jane Peters

Connecting you to the L.A. real estate scene
Need help with your Los Angeles real estate needs?
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the lamp to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

A Los Angeles Realtor® specializing in absentee owners, out-of-town buyers and those needing extra assistance with one of the most important transactions of their lives. Just sit back and relax! You are in capable hands.

TopOfBlogs
Locations of visitors to this page
Free Web Counter