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Renting a Condo on the Wilshire Corridor

By
Real Estate Broker/Owner with Home Jane Realty BRE# 01439865

 

Wilshire Corridor at  SunsetI get a lot of calls from people looking to rent on the Wilshire Corridor.  Many are not aware of the price range of available units and are surprised at the rents that being asked.

If you are going to rent on the Wilshire Corridor you will be doing so from an owner.  These are condos not apartments, and you are not going to be able to get information by calling the front desk at these buildings.  Each unit is individually owned and chances are that the owner is going through a Los Angeles real estate agent to help them get the condo rented.

Also, it is important to understand that the rents are considerably higher than many regular, low-rise condos because the homeowners dues are high and they, plus the taxes and insurance that the owner is paying are factored into the rent.

There is nothing like the luxury of renting on the Wilshire Corridor.  Many of the buildings are full service.  You drive up and your car is taken from you by the valet.  You walk in and are greeted by the concierge who will give you any packages that were left.  You can drop your things upstairs and go down to relax by the pool or in the spa.  Maybe you feel like exercising.  And, should you decide to entertain and need more space than your unit affords, you can book the banquet facilities downstairs for free.

So now you are intrigued, let's see what is available to rent on the Wilshire Corridor.  (Please note that not all buildings are full service.  Building descriptions are available here.)

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Comments(20)

Broker Patty Da Silva Da Silva
Green Realty Properties® - 954-667-7253 - Cooper City, FL
Top Listing Broker

Jane, renting condos is nothing like renting apartments.. it is great that you are educating the tenants about the differences.

Aug 29, 2011 06:02 AM
Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula
Realty Works Temecula - Temecula, CA
Realty Works Temecula

Jane:  Lots of very valuable information for those thinking about living on the Wilshire Corridor, in Los Angeles!

Aug 29, 2011 06:04 AM
Cherise Selley
Selley Group Real Estate, LLC - Colorado Springs, CO
Colorado Springs Realtor

Jane,

You're the one to call if condo renting is the option for the consumer.  I've seen your blogs on Wilshire and these look very feasible for simplified living... g

Aug 29, 2011 06:17 AM
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Jane, you've sure put together a lot of great information about renting condos in the Wilshire corridor.  Obviously, people looking to rent should be calling Jane Peters 310-473-6919.

Jane knows here Wilshire Corridor market WELL!!!

Aug 29, 2011 06:23 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Patty,  it really is totally different.  Thank you.

Jane,  thank you.  I appreciate it.

Gordon,  definitely simplified, and luxurious too.

 

Aug 29, 2011 06:24 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Juli,  you are too funny.  Thank you.

Aug 29, 2011 06:29 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Hi Jane,

Yes you are the Queen of marketing the Wilshire Cooridor! Anyone would be making a huge mistake if they didn't call you to find them a place!

Aug 29, 2011 08:21 AM
Nick T Pappas
Assoc. Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, Broker/Providence Property Mgmnt, LLC Huntsville AL - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Jane, when renting a condo on the Wilshire Corridor it makes sense to call an agent such as yourself who knows the market.  Sure sounds like the high rent district, but then location, location, location...

Aug 29, 2011 11:00 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Dorie,  thank you very much.

Nick,  oh yes.  This is definitely one of the best locations.  Thank you.

Aug 29, 2011 11:29 AM
Elyse Berman, PA
LoKation Real Estate - Boca Raton, FL
Boca Raton FL (561) 716-7824

Jane, This is good information for those looking to rent on the Wilshire Corridor.  Anyone looking to rent here would be crazy not to call you.  Luxury rentals are always pricey. 

Aug 29, 2011 03:37 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Jane

What a great education for those interested in renting in the Wilshire Corridor. You HAVE set yourself apart as the one in the know in that area. Sounds like a pretty nice lifestyle if it fits the budget. For some, renting either short or long term can well - I just set some tenants up in a home across from the beach in Carlsbad.

Jeff

Aug 29, 2011 04:44 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Elyse,  thank you.  And they are pricey, but you get a lot for your money.

Jeff,  thank you also.  I can imagine what a lovely place that was, Jeff.  


Aug 29, 2011 04:48 PM
Marie Graham
Owner, The Refreshed Home White Plains NY - White Plains, NY
Westchester County Interior Decorator, Home Stager

Jane-great localism post. Right amount of information and intrigue (ie-still a reason to call you)-your professional tone, and personal 'voice'- comes through loud and clear.

Aug 29, 2011 04:54 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Marie,  thank you kindly.  I appreciate it.

Aug 29, 2011 04:57 PM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

No doubting you're an expert regarding these properties, Jane.  Your grasp of the details is remarkable ... and shines through.  Hope the phone rings off the wall for you ... and your clients ...

And just as a side-note ... the treatment your renters get here sounds much like what I receive every day when I get home!  (Hope my wife is reading this)

Gene

Aug 30, 2011 12:08 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Gene,  thank you.  And can I move in please?

Aug 30, 2011 12:14 PM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Jane - Great information for anyone who's considering renting a condo on the Wilshire Corridor

Aug 30, 2011 12:52 PM
Sun City Grand Homes Surprise AZ Real Estate Leolinda Bowers Designated Broker Leolinda Realty
Leolinda Realty - Surprise, AZ
Sun City Grand in Surprise Arizona

Jane, you're surely the real estate market expert in the Wilshire Corridor.

Aug 30, 2011 02:33 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Michelle,  thank you.

Leolinda,  thank you also.

Aug 30, 2011 03:28 PM
Sharon Paxson
Sharon Paxson, Realtor® EQTY Forbes Global Properties - Newport Beach, CA
Newport Beach Real Estate

Hi Jane - as always great information about the Wilshire Corridor in Los Angeles - you are definitely the real estate expert!

Aug 31, 2011 04:09 PM