NOT LISTED FOR SALE

Shoreham Towers 8787 Shoreham Dr Unit 705/706 West Hollywood, CA 90069

Estimated Value: $885,000 - $1,615,383

2 Beds
2 Baths
1,800 Sq Ft
$3,176/mo HOA Fee

Last Sold November 13, 2023

Last sale price $1,920,000 $1,067 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $10,559/month

53 Days on Market

Highlights

  • Valet Parking
  • Fitness Center
  • Heated In Ground Pool
  • West Hollywood Elementary School Rated A-
  • 24-Hour Security
  • City View

About This Home

As of November 2023

Views, views, views. Positioned in the most desirable location in Shoreham Towers, this extraordinary condo is one of the most rare units, two units combined into one, South/West facing, offering sweeping views of Century City and Downtown. The rarely available double unit is among the largest floor plans in the entire building. Residence 705/706 has been reimagined into a more spacious 2 bedroom design. A grand hallway leads you to the primary suite and additional bedroom. The large chefs kitchen with island is made for entertaining. All looking out to the breathtaking views. Secure building with unrivaled location and history, offering 24 hour security, valet, pool, and state of the art fitness center.

Last Agent to Sell the Property

Michael Fahimian

The Beverly Hills Estates License #02028482 Listed on: 09/15/2023

The Beverly Hills Estates

Co-Listed By

Jack Harris

The Beverly Hills Estates License #02022241

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,607

Year Built

  • Built in 1963

Lot Details

  • 1.1

HOA Fees

  • $3,176 Monthly HOA Fees

Parking

  • 2 Covered Spaces

Home Design

  • Modern Architecture
  • Entry on the 7th floor

Interior Spaces

  • 1,800 Sq Ft Home
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5559-006-082

Community Details

Overview

  • 131 Units
  • 13-Story Property

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Valet Parking
  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,607

Year Built

Built in 1963

Lot Details

0

HOA Fees

$3,176 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: 3106574000
  • Entry Floor: 7
  • Living Area: 1800
  • Lot Acreage: 1.1021
  • Planned Urban Dev: 0
  • Stories: 13
  • Unit Floor In Building: 7
  • Year Built: 1963
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Freezer, Refrigerator, Dishwasher, Range/Oven
  • Price Per S Q F T: 1163.89

Exterior Features

  • Pool Description: Association Pool, Heated, Private
  • Pool: Yes
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Valet

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Fitness Center, Valet Parking, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 3176.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5559-006-082
  • Lot Size Area: 48008

Multi Family

  • Number Of Units: 131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Nov 20, 2023
Sold by
Magalhaes Spencer Nadja Naira Gloria De
Bought by
Spencer David E
Seller's Agent
Michael Fahimian
The Beverly Hills Estates
Buyer's Agent
Michael Fahimian
The Beverly Hills Estates
List Price
$2,095,000
Sold Price
$1,920,000
Premium/Discount to List
-$175,000
-8.35%
Views
67
Current Estimated Value
$1,221,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$698,904
Avg. Annual Appreciation
-21.20%

Purchase Details

Listed on
Sep 15, 2023
Closed on
Oct 5, 2023
Sold by
Refoua Arshia
Bought by
Refoua Daniel
Seller's Agent
Michael Fahimian
The Beverly Hills Estates
Buyer's Agent
Michael Fahimian
The Beverly Hills Estates
List Price
$2,095,000
Sold Price
$1,920,000
Premium/Discount to List
-$175,000
-8.35%
Views
67

Purchase Details

Closed on
May 13, 2016
Sold by
Lineker Gary
Bought by
Refoua Arshia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Interest Rate
2.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 28, 2013
Closed on
May 3, 2013
Sold by
Frankel Nadia
Bought by
Lineker Gary and Lineker Danielle
Seller's Agent
Jacqueline Tager
Sotheby's International Realty
Buyer's Agent
Angela Roessel
Sotheby's International Realty
List Price
$1,498,000
Sold Price
$1,420,000
Premium/Discount to List
-$78,000
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.21%

Purchase Details

Closed on
Jan 23, 2003
Sold by
Small Nikos T
Bought by
Frankel Nadia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
5.89%

Purchase Details

Closed on
Feb 2, 2001
Sold by
Koch Zelmira
Bought by
Small Nikos T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.08%

Purchase Details

Closed on
Jun 30, 1998
Sold by
Staron Robert B
Bought by
Koch Zelmira

Purchase Details

Closed on
Jul 15, 1997
Sold by
Miller Randy
Bought by
Staron Robert B
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Spencer David E -- Accommodation/Courtesy Recordi
Refoua Daniel -- Provident Title Company
Refoua Arshia $1,450,000 None Available
Lineker Gary $1,420,000 Equity Title
Frankel Nadia $442,000 Chicago Title Corp
Small Nikos T $275,000 Provident Title
Koch Zelmira $215,000 Chicago Title Insurance Co
Staron Robert B $130,000 Guardian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Refoua Arshia $1,087,500
Previous Owner Frankel Nadia $442,000
Previous Owner Small Nikos T $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2023 11/13/23 Sold $1,920,000 -8.4% $1,067 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $2,095,000 +47.5% $1,164 / Sq Ft
05/23/2013 05/23/13 Sold $1,420,000 -5.2% $842 / Sq Ft View Prior Sale
05/17/2013 05/17/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $1,498,000 -- $888 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,607 $881,280 $440,640 $440,640
2024 $10,607 $864,000 $432,000 $432,000
2023 $9,963 $808,086 $160,936 $647,150
2022 $9,460 $792,242 $157,781 $634,461
2021 $9,391 $776,709 $154,688 $622,021
2019 $9,083 $753,672 $150,100 $603,572
2018 $9,030 $738,895 $147,157 $591,738
2016 $8,502 $696,956 $520,117 $176,839
2015 $8,367 $686,488 $512,305 $174,183
2014 $8,364 $673,041 $502,270 $170,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-311789

The MLS

APN: 5559-006-082