One of America’s most historic and iconic broadcasting landmarks is for sale.
The Poole Tower Complex on Mt. Wilson, high above Los Angeles, is expected to fetch between $5 million and $10 million.
“This is beachfront property in the world of tower sites,” said Robert Heymann Jr., spokesman for Media Services Group, which has been retained by Poole Properties Inc. to explore a sale.
Rising almost 6,000 feet above sea level, the complex was developed in the 1950s by the late legendary L.A. broadcaster John H. Poole and has been a tower site of choice for TV and radio stations serving the L.A. market ever since.
Among the current tenants are iHeartMedia’s KBIG-FM (104.3), KWHY-TV (Channel 22) and KXOS-FM (93.9). Broadcasters pay tower owners to send their signals from the Mount Wilson site.