×
You will be redirected back to your article in seconds

Celebs Make Secret Real Estate Deals at Sierra Towers

It’s no great secret among avid celebrity real-estate watchers that L.A.’s rich and famous have long been drawn to the sexy, glass-walled condominiums at Sierra Towers, a striking example of 1960s minimalist architecture on the border of West Hollywood and Beverly Hills. Former high-profile residents of the 31-story highrise include Peter Lawford, George Hamilton, Sidney Poitier, David Geffen and peacocky music icon Elton John, who owned a characteristically glammy two-unit combination on the 20th floor that he sold in 2012 for a tad more than $4.6 million. Tinseltown veteran Diahann Carroll has long called the full-service building home, as have BevHills socialite Nikki Haskell, rocker PJ Harvey and ever-saucy octogenarian Joan Collins who, in 2008, paid $2.7 million for her high-floor spread, owned in the mid-1990s by musicvideo sexpot Tawny Kitaen.

In the past few years, the building has been particularly jam-packed with name-brand occupants who, more often than not, buy and sell in secretive off-market deals. No units are currently listed on the open market, but an impeccably placed real estate birdie tells us the tony tower’s only duplex — a two-unit combination previously owned by Vincent Gallo and, more recently, Cher — is being shopped around as a whisper listing with an asking price between $5.6 million and $5.9 million. The scuttlebutt is that the businesswoman owner originally planned to combine the duplex with an adjacent unit, but instead quietly sold the third unit in November 2014 to superstar real-estate broker Kurt Rappaport, who quickly flipped it in late January in another off-market transaction to jewelry designer Loree Rodkin, a longtime Sierra Towers resident who had, just a week or so before, sold her 3,500-square-foot, two-unit combo in yet another off-market deal for $8 million to smallscreen royalty Mary Hart and Burt Sugarman.

Implacable real estate yenta Yolanda Yakketyyak says she’s one million percent positive that at just about the same time last spring when Sharon and Ozzy Osbourne made a $4 million off-market deal for a three-bedroom spread on one of the lower floors, Sandra Bullock pulled the trigger on a completely under-the-radar multimillion-dollar purchase of a midfloor corner unit once owned by Matthew Perry, whose former “Friends” co-star Courteney Cox currently owns not one but two neighboring units on a higher floor that she surreptitiously picked up in a couple of down-low deals — one in 2011, the other in the fall of 2014 — that totaled $4.55 million.

Besides all the showbizzy sorts who inhabit Sierra Towers, there are also a slew of influential businessmen who own there, including tech tycoon-turned-philanthropist David Bohnett, shoe and handbag designer-turned-Platinum Triangle mansion developer Bruce Makowsky and Canadian magnate Robert Herjavec, an investor panelist on “Shark Tank” and a current contestant on “Dancing With the Stars,” who earlier this year coughed up $3.15 million for his mid-floor unit. Billionaire financier Tom Gores still holds property in the building, while his brother, Paradigm Talent Agency chairman Sam Gores, sold his condo last year for $3.1 million to big-time book editor Judith Regan. Private investor and philanthropist Nicolas Berggruen — a man who used to be described in the press as the “homeless billionaire” because he lived in hotels and didn’t own a home — is rumored in property circles to have hoovered up at least seven units in the building over the past couple of years at a cost in excess of $17 million, and several real estate magpies we gabbed with swear thirtysomething Pabst Brewing Co. co-CEO Evan Metropoulos also owns at least five units, including both penthouses, one he picked up in 2010 for $10 million and the other covertly snatched just a couple of months ago for $17.2 million.

More Dirt

  • Melissa McCarthy House

    Melissa McCarthy Seeks Short-Term Tenant in Toluca Lake (EXCLUSIVE)

    A smartly maintained and updated, 1940s bungalow in L.A.’s affluent Toluca Lake community that is owned by deft comedy actress turned critically acclaimed leading lady Melissa McCarthy has popped up as a short-term furnished rental at $10,000 per month. The 2019 “Can You Ever Forgive Me?” Oscar nominee, also nominated in 2012 for her scatologically [...]

  • Tracy Morgan House

    Tracy Morgan Loses Small Fortune on Former New Jersey Residence (EXCLUSIVE)

    After nearly a year on the market at steadily declining prices that started at nearly $2.25 million, Tracy Morgan has sold his former home in Cresskill, N.J., for $1.2 million. Unfortunately for the seriously irreverent “Last O.G.” star, the sale price is not just an astonishing 25% below than the not quite $1.6 million final [...]

  • Orlando Bloom House

    Orlando Bloom Lists Beverly Hills Bachelor Pad

    Just about a month after he got engaged — in a helicopter on Valentines Day to pop music cynosure Katy Perry, Orlando Bloom has not too surprisingly put his ultra-modern Beverly Hills, Calif., bachelor pad up for sale at $8.999 million. The “Lord of the Rings” and “Pirates of the Caribbean” franchise beau-hunk, who has [...]

  • Christie Brinkley Swaps New York Apartments

    Christie Brinkley Swaps Rented Condos in Manhattan (EXCLUSIVE)

    Word has slipped down the celebrity-property-gossip grapevine that Christie Brinkley and her pooch Chester have settled into a new and pricey rented apartment in New York City’s West Village that was last listed at $25,000 per month. Owned by a real estate investment concern and located on the higher floor of a swank, multi-building complex [...]

  • Krista Vernoff Lists Los Feliz Home

    'Grey's Anatomy' Showrunner Krista Vernoff Seeks Sale of Los Feliz Home (EXCLUSIVE)

    Fresh on the heels of inking a multiyear deal with ABC to create and develop new projects under their Trip the Light Prods. banner, “Grey’s Anatomy” showrunner Krista Vernoff and producing partner/husband Alexandre Schmitt, an accomplished music video and commercial producer, have listed their solar-powered home in a quiet corner of L.A.’s Los Feliz area [...]

  • Marisol Nichols Lists Los Angeles Home

    ‘Riverdale’s’ Marisol Nichols Lists Toluca Lake Home

    It’s not too much of a surprise, given her pending divorce, that “Riverdale” star Marisol Nichols has her family home in an unsung corner of the celeb-packed L.A. neighborhood of Toluca Lake up for sale, at a tad below $1.8 million. Nichols split with filmmaker husband Taron Lexton, director-producer of the 2017 coming-of-age film “In [...]

  • Emma Stone House

    Emma Stone Lists Home in Beverly Hills (EXCLUSIVE)

    Busy as a beaver Hollywood darling Emma Stone has her celeb-pedigreed home in the Coldwater Canyon area of Beverly Hills, Calif., up for sale at $3.899 million. Invisible behind a high wall and imposing, camera-secured gates along a serene, little-known lane and previously owned by late British actor and bon vivant Dudley Moore, the expensively [...]

More From Our Brands

Access exclusive content