×

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.

Popular on Variety

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

  • Meg Ryan House

    Meg Ryan Scoops Up Stylish Montecito Estate

    A chirpy birdie recently got in touch to let the proverbial cat out of the bag, and property records do indeed now suggest, that New York City-based film star Meg Ryan has put down some serious West Coast real estate roots with the slightly more than $5 million purchase of a newly rehabbed residence sequestered [...]

  • Calvin Harris House Los Angeles

    Calvin Harris Finally Unloads Zen-Inspired Sunset Strip Mansion

    More than four years after he first put the property up for sale, wildly successful Scottish DJ Calvin Harris has finally succeeded in unloading his sleek L.A. compound. Tucked into the lower Hollywood Hills just above the iconic Sunset Strip, the “zen-inspired” oasis features a 4,100 sq. ft. main house, a two-story detached guesthouse, and [...]

  • Jeff Zucker House New York City

    Jeff Zucker Lists New York Co-Op

    Veteran entertainment executive and CNN honcho Jeff Zucker has decided to part with his ultra-luxe cooperative unit in a handsome, prewar apartment house on a plum corner of New York City’s Upper East Side. The VIP price tag of $17.5 million is a small fortune more than the $12.3 million that tax records show the [...]

  • Luka Jones House Los Angeles

    Luka Jones’ Los Feliz City-View Perch for Sale

    Actor Luka Jones, known for his quirky roles in film and on television, is looking to shed his hillside home in Los Angeles’ Los Feliz area for not quite $1.15 million. Jones, who starred in the positively critiqued but short-lived sci-fi comedy “People of Earth” and currently portrays a sweet if slovenly and messy-bearded boyfriend [...]

  • Steven Yeun House Pasadena

    Steven Yeun Snags Pasadena Architectural

    “Walking Dead” star Steven Yeun has upgraded his residential circumstances in Los Angeles with the nearly $3.3 million purchase of a mid-century architectural in a hilly neighborhood of affluent Pasadena. All but invisible behind a high wall, secured gates and a visually impenetrable wall of foliage, the bilevel residence spans more than 3,600 square feet [...]

  • Luc Besson Charlton Heston House Beverly

    Luc Besson Seeks $14.9 Million for Charlton Heston's Longtime Estate

    For only the second time since it was commissioned in 1959, the former Los Angeles compound of the late Hollywood icon Charlton Heston has popped up for sale. Designed by modernist architect William S. Beckett, the Oscar-winning “Ben-Hur” star lived in the strikingly angular house for nearly a half-century, until his 2008 death. Tucked high [...]

  • Nile Niami House Los Angeles

    Lender Takes Over Nile Niami's $38 Million Opus Estate, Plots to Resell

    Earlier this week, Nile Niami announced he had sold his infamous Opus estate in Beverly Hills. Originally listed at $100 million, the 20,000 sq. ft. mega-mansion went for “about $40 million” in a deal involving both the property and various pricey accessories, which were sold separately. The total value of the transaction, according to Niami — [...]

More From Our Brands

Access exclusive content