In the last couple of months, a lot of Hollywood stars are either buying or selling new properties and the latest to join this group is none other than Courteney Cox. The FRIENDS actor sold one of the two condos she owns in Sierra Towers, a celebrity-favourite high-rise in Los Angeles.
Courteney sold one of the two adjoining two units for $2.9 million in late July – $400,000 more than she bought it for back in 2014. Cox will continue to own her second unit in the building, a two-bedroom space next door.
According to a report in Variety, the deal was closed in late July. The buyer is an entity linked to Angelique Soave, an L.A. socialite. Three years ago, Soave paid Dame Joan Collins $4.4 million for a frilly two-bedroom Sierra Towers condo. This unit is right next door to the one she purchased from Courteney Cox.
Presumably, Soave may spend some more cash to have the two condos, together worth $7.3 million, combined into one supersized pied-à-terre.
Because the 25th-floor flat was sold off the market, photos and details about it are sparse. According to the tax record that the publication came across, Courteney’s condo is around 1,300 sq. ft. The $2.9 million home has one bedroom and two bathrooms and is located on the north side of the building. It gives an amazing view of the Hollywood Hills.
Cher, Elton John and Lindsay Lohan are former tenants of Sierra Towers with many stars still calling it home. Current celeb residents in the building include Burt Sugarman, Sandra Bullock, Adam Sandler, Lily Collins and Kelly Osbourne and more.
Besides her second place in this building, Courteney Cox also owns a compound on Malibu’s scenic Paradise Cove.