The site of the old Tower Records building, today “Live! on Sunset” at the intersection of Horn and Sunset has remained in limbo for several years. There is always a developer trying to build a modern shopping center in this location, but I haven’t seen much change aside from an occasional planning commission meeting.
Property and Pricing
The price for Square foot for Shoreham Towers is around $600/sqft. Pricing ranges from $500,000 to $600,000 for 800-1.000 sqft units on the mid to higher floors, and if a 1br unit has been totally remodeled and updated it can fetch $700,000 to $800,000. The Large combined units and 2 bedrooms sell for $1,100,000 to $1,300,000. The maids units sell for $150,000 or so.
There are 131 units in Shoreham Towers, there are 131 Units total. There are 10 units on each floor and 13 floors total. Although there is 13 floors, since you are at a higher elevation then other high rises, your views will be comparable to higher floors in other buildings.