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Cher

All I Really Want to Do ...

Is Sell My $5.5 Mil Condo

2/12/2013 12:40 AM PST BY TMZ STAFF
EXCLUSIVE

0509_cher_01
Cher
's a money-making machine -- even when it comes to real estate -- she's trying to turn a MILLION profit on her fancy-schmancy L.A. condo!!

TMZ has learned Cher quietly listed her 4,000-square-foot crib last week ... in the exclusive Sierra Towers -- a celeb-magnet Courteney Cox, Elton John, and Joan Collins have all called home.

Cher bought the pad back in 2006, for a reported $4.5 million -- but immediately gutted and redesigned it. Now, she's trying to sell the only 2-story condo in the building for $5.5 mil.

The primo place is fit for a legend like Cher ... rockin' a giant outdoor terrace, 24/7 concierge service, gym, pool, sundeck, and panoramic L.A. views.

FUN FACT: We're told Ellen visited the building recently -- looking to buy a place for her mom -- but only wants to spend about $3 million.

21 COMMENTS

No Avatar
1.

Jan    

Cher overpaid for that unit and due to hugh CA tax increases, she will be lucky to get 3million.

526 days ago
2.

Kraken    

I had to quit following her on Twitter because of the regurgitated information that she blindly repeats from unscrupulous sources. Grow a brain Cher. Think for yourself.

526 days ago
3.

NOT ELMO    

CHER loves living in Las Vegas where She can Pay up to 20 % LESS Taxes than in L.A. California, Smart Girl.

526 days ago
4.

NOT ELMO    

in Las Vegas The RICH making Over $400,000 a Year Pays 39.6 % in TAXES But in Los Angeles, CAL and in New York City the RICH making Over $400,000 a Year Pays 63 % in TAXES That's a BIG Difference, That's Why MADONNA is Selling Her Houses in NYC and in L.A.....

526 days ago
5.

tdr9    

She's got the cash

526 days ago
6.

Bolivar    

"Rockin'" a giant outdoor terrace? Jeezuz, sometimes you guys sound like the high school kid who talks like that trying to be cool...

526 days ago
7.

MAX    

YOU MIGHT WANT TO SELL THAT SKIN THATS DRIPPING OFF YOUR FACE, UGG

525 days ago
8.

northern gypsy    

too bad there's no photos...i'd loved to have seen what her "gut job" reno looks like...

525 days ago
9.

jimmy d    

She is selling million dollar cribs,and her daughter is washing dishes to save up for a beefsteak

525 days ago
10.

stu    

That's Marilyn Manson.

525 days ago
11.

stu    

SOOO Ellen wanted the condo for 1/2 off?
She would sleep w/ Chaz to make up the other 1/2?

525 days ago
12.

jabberjaws    

Rich people problems.

525 days ago
13.

luckycat    

NASTY HAG-BEEN
NO TALENT
NO VALUE
HOPE SHE VISITS ROOM 434 SOON
TRULY A DANGEROUS CREATURE
NO SOUL OR BRAIN

525 days ago
14.

JDoors    

TMZ's usual inaccurate real estate story ... Hello? She gutted the place and rebuilt it. How much do you think she spent on that? Can't make a million dollar profit (not that she's going to get her asking price anyway) if you spent a million dollars gutting and rebuilding the condo in the first place.

525 days ago
15.

Johnny-one-note    

I might do her if she would give me the condo ( do her 1 time only, no more )

525 days ago
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