Former IBM Tower on Wilshire to Be Converted Into Apartments

• Jamison Services Inc. is converting the former IBM office tower at 3424 Wilshire Blvd. into housing.
• The adaptive reuse project will transform the 13-story building into 260 apartments while preserving existing retail space.
• DFH Architects is leading the design for the office-to-residential conversion.

What the Adaptive Reuse Project Includes

Another major office-to-residential conversion is moving forward along Wilshire Boulevard as Jamison Services prepares to redevelop the former IBM office tower in Los Angeles into apartments. The 13-story building at 3424 Wilshire Blvd., originally completed in 1958, will be transformed into 260 residential units through an adaptive reuse project designed by DFH Architects. The redevelopment will preserve approximately 13,000 square feet of ground-floor retail space while repositioning the rest of the roughly 250,000-square-foot building into housing. Plans also call for a wide range of amenities, including racquetball courts, a fitness center, karaoke and game rooms, and an outdoor amenity deck.

What the Conversion Means for Jamison Services

Jamison Services Inc. has become one of Los Angeles’ most active office-to-residential conversion developers over the past decade. Originally known as one of the city’s largest office landlords, the Koreatown-based company has increasingly shifted toward multifamily housing development and adaptive reuse projects across Koreatown and Westlake. The company has already completed or planned multiple office conversions throughout the area while also pursuing ground-up residential development projects like the nearby Opus apartment towers. Jamison reportedly secured a $60 million loan to help finance the Wilshire Boulevard conversion project.

What This Says About Office Conversions in Los Angeles

The redevelopment reflects the growing momentum behind office-to-residential conversions across Los Angeles as developers search for ways to reposition older office assets facing reduced demand. Buildings constructed during earlier office development cycles are increasingly being evaluated for adaptive reuse opportunities, especially in centrally located neighborhoods with strong housing demand and existing retail infrastructure. Wilshire Boulevard has become one of the city’s more active adaptive reuse corridors because of its transit access, density, and large inventory of aging office towers suitable for residential conversion.

What the Building’s History Adds to the Project

The property was originally developed as IBM’s Los Angeles headquarters before later serving as the headquarters of the Archdiocese of Los Angeles. The Archdiocese sold the property to Jamison Services in 2008, and the site has remained part of the company’s broader long-term real estate holdings across Koreatown and surrounding neighborhoods. Projects involving historic or recognizable office buildings often generate additional attention because they preserve portions of the city’s architectural history while introducing new residential uses.

What the Project Could Mean for Wilshire Boulevard

The conversion could help add significant housing inventory to one of Los Angeles’ busiest commercial corridors while continuing the transformation of older office buildings into residential communities. As adaptive reuse activity accelerates across Los Angeles, projects like 3424 Wilshire are increasingly shaping the future of how underutilized office properties are repositioned throughout the city.