The Bascom Group LLC acquired the 170-unit Park Wilshire Apartments located at 2424 Wilshire Blvd. in Los Angeles. The complex, built in 1924, consists of 133 single apartments, 35 one-bedroom apartments and 2 two-bedroom apartments. The average unit size is 480 square feet with rents ranging from $650 to $1,300 monthly. The sale was valued at $7.68 million or about $45,176 per unit.