Actress Sandra Bullock Sells Her Property in the Sierra Towers for $4.4 Million

LuxuryFebruary 17, 2022

Sandra Bullock is an American actress, influencer, and widely popular producer. As an actress, she has won many awards like Critic’s Choice Movie Awards, Guild Award for Screen Actors, and Academy Award. Likewise, she is a two-time Golden Globe winner.

TCM / From 2011 to 2014, Sandra was the highest-paid actress in the world.

Sandra is among the celebrities who own ample properties in the Sierra Towers. She sold her first property in the Sierra Towers in early 2022. However, she sold her second property – a lavishly designed exclusive condo – for $4.4 million. The apartment is a three-bathroom and two-bedroom property that presents a unique look to the beholders.

The Condo is Sold at $80,000 Less Than the Listed Price

According to the Los Angeles Times, the actress listed this condo for nearly $5.4 million in November 2021. She had purchased the condo in 2014 for roughly $3.5 million. The property was sold after being on the market for three months. Although the property was not sold as it was listed, it is still profitable for Bullock.

Architectural Digest / The Hollywood Condo has a serene and all-encompassing interior.

With renovations and unique touches of The Unforgivable Star, the condo is a beautifully designed property on the 20th floor of the Sierra Towers. It offers a spectacular birds-eye view of the entire city. Likewise, the balconies are stylish with wood paneling and a lavish design.

The exterior and interior of the building are equally attractive, and every inch of the property is keenly utilized. That is why, the property is well worth the price and is profitable for both parties.

The First Property of Bullock in the Sierra Towers Was Sold at a Loss of $1.5 Million

Kicking off the new year in 2022, Sandra Bullock sold her first property in the Sierra Towers, which she purchased in early 2017. She purchased the 350 square foot property for $5 million back then. Despite its unique design and midcentury touch, the actress found it difficult to make a good deal on it. Eventually, the property was sold for $3.6 million, costing her a loss of $1.5 million.

Linda May Properties / The Sierra Towers is a favorite residence of many celebrities like Kelly Osbourne and Adam Sandler.

Given the worthwhile features like classic design, luxurious bathtubs, beautiful pools, it was unbecoming of the property to be sold at such an off-market deal. But she seemed quite okay with it. “It is a part of the game, I reckon,” she said. “You don’t always find and make deals that you wanted. This is what life is all about.” she asserted with a glamor of optimism on her face.

Nevertheless, it is unclear if the actress is looking to purchase another in the Sierra Towers. But one thing is for sure, she has layed her punches on the real estate market.