The newly converted apartments, located at 701 S. Hudson Ave., in Los Angeles’ Brookside neighborhood. Image courtesy of CMCT Creative Media & Community Trust Corp. has completed the conversion ...

A recently built Wilshire Boulevard apartment complex has sold for more than $80 million as residential development spreads west from downtown Los Angeles into the city’s historic Westlake district.

Jamison Services just filed plans to convert the 13-story Pierce National Life Building, an office fixture in Koreatown for a half century at 3807-3815 Wilshire Boulevard, into 176 apartments.

The ground-floor space will remain designated for creative office, and is fully leased, at 4750 Wilshire Blvd. ... 140-unit apartment building and bakery to open in San Pedro.

The company built the 201-unit GLO apartment complex, across the street from 1111 Wilshire, in 2007. It sold the property in 2011 to Equity Residential for $65 million, Warren said.