• 0
  • Home
  • About Us
  • What We Do

Shopping Cart

GPAM
  • Home
  • About Us
  • What We Do

For sale by owner: Stripped LA condo, penthouse views, $58M

The Sierra Tower in West Hollywood (Credit: Wikimedia Commons)

Would anyone pay $58 million for a gutted condo? Billionaire heir Evan Metropoulos certainly thinks so, and the location probably won’t hurt.

Metropoulos has listed the 32nd floor penthouse atop the Sierra Towers, according to the Los Angeles Times. Metropoulos combined two units to create a 7,000-square-foot interior space surrounded by floor-to-ceiling windows and appears to have stripped everything inside from the walls to the floors to make way for a renovation.

The place does have panoramic views of the city, along with a 4000-square-foot wraparound balcony.

The listing comes about a year after Metropoulos ponied up $65 million for a 2.5-acre Trousdale Estates compound formerly owned by comedian Danny Thomas. Metropolous is the son of investor Dean Metropoulos, who owns Pabst Brewing Company and Hostess Brands. Both Evan and his brother, Daren, are principals in their father’s investment firm, C. Dean Metropoulos & Company

Along with the penthouse, the sale includes a guest suite on the sixth floor and six parking spaces, according to the Times. The Sierra Towers was built in 1965 and has attracted celebrity residents, most recently actors Adam Sandler, Courtney Cox, and Sandra Bullock.  [LAT] — Dennis Lynch 

Powered by WPeMatico

  • 09 March 2018
  • The Real Deal
  • Uncategorized
  •  Like
Waterbridge venture seeks $500M loan for Museum Building →← The Real Deal wins two SABEW awards
  • Recent Posts

    • USC saves view of LA Coliseum sign after clash with developer, city May 15, 2025
    • Tesla re-ups lease of 82K sf Santa Monica service center May 15, 2025
    • Hotel designer asks $99K per month for Santa Monica beach pad May 15, 2025
    • Feds to sell landmark Spring Street Courthouse in DTLA May 14, 2025
    • Rams owner Stan Kroenke eyes Olympics broadcast center, film studio in Inglewood May 14, 2025
  • Recent Comments

    • Archives

      • May 2025
      • April 2025
      • March 2025
      • February 2025
      • January 2025
      • December 2024
      • November 2024
      • October 2024
      • September 2024
      • August 2024
      • July 2024
      • June 2024
      • May 2024
      • April 2024
      • March 2024
      • February 2024
      • January 2024
      • December 2023
      • February 2023
      • January 2023
      • December 2022
      • November 2022
      • October 2022
      • September 2022
      • August 2022
      • July 2022
      • June 2022
      • May 2022
      • April 2022
      • March 2022
      • February 2022
      • January 2022
      • December 2021
      • November 2021
      • October 2021
      • September 2021
      • August 2021
      • July 2021
      • June 2021
      • May 2021
      • April 2021
      • March 2021
      • February 2021
      • January 2021
      • December 2020
      • November 2020
      • October 2020
      • September 2020
      • August 2020
      • July 2020
      • June 2020
      • May 2020
      • April 2020
      • March 2020
      • February 2020
      • January 2020
      • December 2019
      • November 2019
      • October 2019
      • September 2019
      • August 2019
      • July 2019
      • June 2019
      • May 2019
      • April 2019
      • March 2019
      • February 2019
      • January 2019
      • December 2018
      • November 2018
      • October 2018
      • September 2018
      • August 2018
      • July 2018
      • June 2018
      • May 2018
      • April 2018
      • March 2018
      • February 2018
      • January 2018
      • December 2017
    • Global Property and Asset Mangement, Inc.
      137 North Larchmont
      Los Angeles, California 90010
      +1 213-427-1127

    © 2025 GPAM