See also Park La Brea.
The famous Miracle Mile is the one mile stretch of Wilshire Boulevard located between Fairfax and La Brea Avenues. The mile received its name in the 1920s because of the Jewish immigrants who settled in the area and worked financing miracles in the banking industry, or so one theory suggests. Another theory is that when A.W. Ross visualized the unpaved area as a bustling shopping area and when it indeed developed into such it was dubbed "Miracle Mile."
The exteriors had remained beige and gray until 1995
when new ownership took over. Interior changes were made as well,
bathrooms and kitchens have been improved, all units are wired for
high-speed internet access.
Some of Los Angeles' finest restaurants are less than a mile away from Miracle Mile on La Brea Avenue or in Beverly Hills which is just two miles away. Some recommendations are:
For those uninterested in skeletal remains and fine dining, car enthusiasts can view vintage autos at the Petersen Automotive Museum. Art enthusiasts may enjoy a day at the Los Angeles County Museum of Art and viewers can attend a visiting exhibit such as Van Gogh in the nearby event's building. For entertainment, many flock to the El Rey to witness musical performances or they go to the Conga Room for live Salsa.
The area is home to many well respected companies, particularly Variety Magazine, E! Entertainment Television, the Screen Actors Guild, and Spelling Productions. Although Miracle Mile is very upscale, it has a high rate of car theft. One would be wise to use fee paid parking lots on their future visits.
Park La Brea is a rental complex which encompasses 167 acres in Miracle Mile and is home to 10,000 residents. It is located between 3rd and 6th streets and Fairfax and Cochran avenues. Originally, the complex was to be an area of garden apartments that began development in 1939, but World War II, hindered the progress. After the war, veterans were desperately seeking homes for their families and Developer Metropolitan Life Co. installed eighteen 13-story towers to the Park.
The exteriors had remained beige and gray until 1995 when new ownership took over. Interior changes were made as well, bathrooms and kitchens have been improved, all units are wired for high-speed internet access. However, porcelain tiles and oak floors still remain. The median household income is $53,000 and the median age is 36. For a one-bedroom one bath apartment of 700 square feet, a tenant can expect to pay $1250 a month. For a three-bedroom two-bath apartment of 1,400 square feet, one can expect to pay $2400.
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