Wednesday, May 28, 2008

Sierra Towers Sell Off

SELLER: Matthew Perry
LOCATION: Doheny Road, West Hollywood, CA
PRICE: $4,500,000
SIZE: 1,672 square feet, 2 bedrooms, 3 bathrooms (per assessor)

YOUR MAMAS NOTES: Former Friend and well known ladee luver and leaver Matthew Perry–currently linked to former gurly gal pal Lauren Graham–has been on a bit of a real estate whirligig lately. In April of 2008 he forked over $4,475,000 for a recently rehabbed contemporary confection on Carman Crest Drive, and yesterday Your Mama managed to suss out that the one-time a-list actor has put his 22nd floor unit at the celebrity packed Sierra Towers building on West Hollywood's Doheny Road on the market with an impressive $4,500,000 asking price.

Property records show Mister Perry bought his south and east facing corner unit in April 2005 for an undisclosed sum of money. Listing information does not provide any details on the size of the unit or the number of bedrooms and bathrooms so Your Mama will defer to the Los Angeles County tax man (or woman) who measures the condo at 1,672 square feet with 2 bedrooms and 2.5 bathrooms.

From the one photo Your Mama was able to locate that shows Mister Perry's interior day-core, it appears that he had the good sense to hire a nice gay decorator who did his digs up with a minimal amount of clean lined and contemporary furniture...all the better to keep the focus on the magnificent view which on a clear day stretches all the way to the Pacific Ocean. We're a little disappointed at the lack of color we see in the large living and dining room, however, we're thrilled to see the floor to ceiling windows free of fussy fabrics and Your Mama always appreciates a chunky picnic style dining room table, even if it is a little passé design wise.

Times have certainly changed at the Sierra Towers, haven't they children? Only a few years ago one of these condos with a big view could be scooped up for a million clams or less. Then the Los Angeles real estate market went utterly berserk and the modestly sized glass walled units started selling like hotcakes for between two and three million dollars. Nowadays they're priced as stunningly high as a house in the hills with a swimming pool, a grass patch and a spectacular view.

In fact, a 20th floor unit with just 1 bedroom and 2 bathrooms is currently listed at $5,500,000 and mega-rich bizness man and property maven Peter Morton recently listed an 8th floor unit he purchased in January of 2007 for $3,500,000, and also with just 1 bedroom and 2 bathrooms, for $3,950,000.

All the children know by now that the Sierra Towers, a building Your Mama's sensationally sassy amigo Kenny Kissentell refers to as "The Greys and Gays" due to it's large contingent of old and/or homosexual residents, is littered with big name rich and famous folks: Wickedly well preserved actress Dihann Carol calls the tall tower home; In early 2006 Cher dumped $4,500,000 on a 1 bedroom pied a terre once owned by music mogul (and former beau) David Geffen; Elton John and huzband David Furnish recently snapped up a 20th floor fixer for $2,497,000; And let's not forget ageless actress and geriatric jet setter Joan Collins who recently scooped up a 27th floor unit she shares with her much younger boytoy huzband Percy Gibson.

Other current and former famous residents include (but are not limited to) Oscar winning actor Sydney Poitier, freakishly endowed actor and architecture buff Vincent Gallo, chick rocker PJ Harvey, real estate fanatic Fred Durst, and of course Little Lindsay Lohan owned a place here before her once electric career took a tumble. Your Mama imagines the struggling young ack-tur-ess (and rumored to be budding lezbeeun) wishes she held on to her 3 bedroom unit because Your Mama hears from multiple and well placed sources that she's spending what little money she has left paying someone else's mortgage by renting a house up on Ozeta Terrace.

Anyhoo, back to Mister Perry...Property records reveal that in addition to his new house in the Outpost Estates, he continues to own the 3,677 square foot ocean view house on Malee-boo's swanky Sweetwater Mesa Road that he purchased in April of 2005 for $6,550,000.

Given that Mister Perry's unit is fully renovated (or at least it appears to be) and well located on a high floor, Your Mama imagines he'll easily nab a buyer willing to pay big bucks to live in the lap of apartment luxury in West Hollywood. The question is will they pay more than $4,000,000 for the place? What do the children think?

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