×
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

  • Bruce Willis House

    Bruce Willis and Emma Heming List Swank New York State Country Compound

    After a bit more than four years in part-time residence, Bruce Willis and Emma Heming are pulling up luxury sticks, listing their sprawling, multi-residence compound above the Muscoot Reservoir in bucolic Bedford Corners, N.Y., at $12.95 million. The former fashion model and the 60-something action genre mandarin, now starring in the just released M. Night [...]

  • Silvio Horta House

    ‘Ugly Betty’ Creator Silvio Horta Seeks Sale of Laurel Canyon Villa (EXCLUSIVE)

    Silvio Horta, 2007 Emmy nominated creator, writer and executive producer of the syndicated sitcom “Ugly Betty,” has his West Hollywood, Calif., home up for sale at $3.85 million. Currently at work with superstar Mary J. Blige on a musical dramedy called “Move,” Horta has owned the property since the spring of 2007, when he picked [...]

  • Angie Harmon House

    Angie Harmon Seeks Renter for Los Angeles Cottage (EXCLUSIVE)

    A comfortably humble if hardly inexpensive Los Angeles residence owned by fashion model turned bombshell “Baywatch Nights” actress Angie Harmon has come up for rent at $15,000 per month. The “Rizzoli & Isles” alum, who has long resided primarily in Charlotte, N.C., paid $3 million for the property in late 2015, about a year after [...]

  • Nick Zano Purchases Calabasas Home

    'Legends of Tomorrow' Star Nick Zano Nabs Calabasas Mountain Retreat (EXCLUSIVE)

    “Legends of Tomorrow” star Nick Zano and his long-time partner, actress Leah Renee, rang in the New Year, according to always impeccably informed real estate yenta Yolanda Yakketyyak, with the not quite $1.6 million purchase of a sylvan hideaway tucked down a private lane in the rugged mountains between Calabasas and Malibu. Surrounded and shaded [...]

  • Tia Mowry Agoura Hills Home Sale

    Tia Mowry’s Listing in Agoura Hills Has Family Pedigree (EXCLUSIVE)

    All-grown-up teen star Tia Mowry has her former home in an affluent enclave in L.A.’s far western suburb of Agoura Hills, Calif., available at a bit more than $1.5 million. Property records indicate Mowry, two minutes younger than her twin and “Sister, Sister” co-star Tamera — and currently holding down a co-starring role on the [...]

  • Drew Taggart List West Hollywood Home

    Drew Taggart of the Chainsmokers Selling West Hollywood Villa (EXCLUSIVE)

    Drew Taggart, one half of the hugely successful, money-minting EDM-pop duo the Chainsmokers, has listed an ultra-contemporary villa in the trendy and increasingly spendy Melrose District of West Hollywood at just under $4 million. The Grammy-winning DJ and producer who, together with Alex Pall hauled in more than $45 million in 2018, according to the [...]

  • Jennifer Lopez House

    Jennifer Lopez and Alex Rodriguez List Ultra-Luxe Manhattan Condo

    Though they bought the 36th-floor condo just under year ago for not quite $15.317 million, Jennifer Lopez and Alex Rodriguez have decided their 4,000-square-foot condo at the sensationally slender and spectacularly tall tower at 432 Park Avenue in Midtown Manhattan it isn’t large enough to comfortably accommodate their blended family of six in the three-bedroom [...]

More From Our Brands

Access exclusive content