Economy

Olympic Boulevard has blocks dominated by Korean-language signs and new blue-tile-roofed shopping centers. This initial Korean business area has spread to an area bounded by Olympic Boulevard, Vermont Avenue, 8th Street and Western Avenue. The Korean business area also sprawls to the north and south along Western and Vermont for three miles, and to the east and west along Olympic for two miles.

South Korean investment has been a large contributor to the neighborhood economy since the 1960s. Since the early 2000s, that investment has increased greatly, ballooning to an estimated $1 billion in new construction investment.

The Consulate-General of South Korea in Los Angeles is located at 3243 Wilshire Boulevard.

The Consulate General of the People's Republic of China in Los Angeles is located at 443 Shatto Place, while the passport and visa office is on the third floor of 500 Shatto Place.

The Consulate General of El Salvador is located at 3450 Wilshire Blvd. Suite 250 and the Consulate General of Guatemala is located at 3540 Wilshire Blvd. Suite 100.

The Consulate General of Honduras and Nicaragua are located at 3550 Wilshire Blvd. The Consulate General of Bolivia is located at 3701 Wilshire Blvd #1056.

The Consulate General of Indonesia is located at 3457 Wilshire Blvd, Los Angeles, CA 90010.