TV power couple sells DTLA penthouse at $2M discount

Los Angeles /
Apr.April 25, 2016 02:30 PM

Television power couple Burt Sugarman and Mary Hart just sold their gigantic DTLA penthouse for $6.7 million.

The Ritz-Carlton residence sold at a $2.1 million discount to its $8.8 million listing price, but the duo still made a hefty profit. They originally bought the 4,250-square-foot suite for $3.5 million in 2013, Variety reported.

Sugarman is a veteran producer and Hart was the host of “Entertainment Tonight” for 30 years. The power couple’s corner of the high-rise has three bedrooms and comes with the five-star hotel’s perks, including room service, housekeeping and access to the 8,000-square-foot spa.

The Sugarman-Harts now own a $15 million set of units in the Sierra Towers, located between West Hollywood and Beverly Hills. The two units span 6,442 square feet, with five bedrooms, eight bathrooms, and an aerial view of the L.A. skyline and the ocean.

Previously, they owned a Beverly Hills compound that now belongs to a Saudi sheikh. The couple also had several properties in Montana, including a 160-acre multi-residence ranch that was once listed for $26.5 million. [Variety]Cathaleen Chen


Related Articles

arrow_forward_ios
Priscilla Presley and her Beverly Hills estate (Getty, Redfin)

Priscilla has left Beverly Hills: King of Rock’s widow sells estate

Priscilla has left Beverly Hills: King of Rock’s widow sells estate
Avril Lavigne and the Malibu home (Getty, Realtor)

Avril Lavigne buys Malibu home Scott Gillen rebuilt

Avril Lavigne buys Malibu home Scott Gillen rebuilt
Bret Michaels and the city of Calabasas (Getty)

Something to believe in: Poison’s Bret Michaels returns to Calabasas

Something to believe in: Poison’s Bret Michaels returns to Calabasas
600 The Strand and Cindy Robinson Mullen (Realtor, Tim & Cindy)

Helicopter heiress lists Hermosa Beach home for $23M

Helicopter heiress lists Hermosa Beach home for $23M
Mookie Betts (Credit: Ralph Freso/Getty Images, and Vimeo via Dirt.com)

Mookie Betts follows World Series win with Encino home buy

Mookie Betts follows World Series win with Encino home buy
Khloé Kardashian (Credit: Rodin Eckenroth via Getty Images)

Khloe Kardashian offloads Calabasas manse for record price

Khloe Kardashian offloads Calabasas manse for record price
Justin Bieber and Hailey Baldwin with 1710 Tropical Avenue (Getty, Redfin)

Bieber and Baldwin list Beverly Hills home

Bieber and Baldwin list Beverly Hills home
Kris Jenner and Khloe Kardashian both bought homes in the Hidden Hills (Getty)

Kris Jenner and Khloe Kardashian buy mansions on land once owned by Woodbridge Group

Kris Jenner and Khloe Kardashian buy mansions on land once owned by Woodbridge Group
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...