Arturo + Lauren
After searching for a Los Angeles alternative to their Newport Beach mansion, celebrity hairstylist-turned-haircare pioneer Jim Markham and his wife, Cheryl, settled on a swanky condominium in a full-service building complete with a house car and personal driver for essential transportation around the city.
The couple, longtime Orange County residents who are selling their home in the affluent, guarded Big Canyon neighborhood, paid $6.2 million for the mansion on the 14th floor of the Beverly West Building, a 22-story luxury boutique condominium tower on the Wilshire Corridor that has 35 units overlooking the Los Angeles Country Club and is home to celebrities like The Weeknd.
The seller was developer Emaar Properties (of Burj Khalifa fame). Originally listed for sale earlier this year for just under $7 million, the luxury home ultimately sold to the Markhams at a discount. Both sides in the transaction were represented by exclusive real estate agents Amir Ensani and Tomer Fridman of Beverly West, and Sally Forster Jones of Compass.
The fully furnished condo features a private entrance leading to a spacious room with living area, dining room and kitchen. Arturo+Lauren
Once settled into their new two-bedroom, four-bathroom home, the Markhams will enjoy just over 4,150 square feet of open-plan living space outfitted with modern furnishings, a private elevator, and floor-to-ceiling glass walls that offer panoramic views stretching from the Pacific Ocean to the Santa Monica Mountains and downtown Los Angeles.
Other highlights include a marble-clad foyer that opens to a large glass-walled living room with built-in entertainment console and terrace access, and a formal dining room that leads to a gourmet kitchen with sleek cabinetry, a dining island, top-of-the-line stainless steel appliances and a wine refrigerator. The luxurious primary suite has its own private terrace, custom closets and double bath.
Plus, for the hefty $7,407 per month HOA fees, you’ll get a host of amenities within the building, including 24-hour security, valet parking, a saltwater pool and spa, a fitness center, and even a helipad.
The double bathroom features luxurious amenities, including marble floors and a deep soaking tub set against the breathtaking views.
Related: 7 Luxury Condos in Los Angeles Offer the Best of Urban Living in the Heart of a Suburban City
Markham, 80, has founded five successful hair care companies over his long career, including Pureology Serious Color Care and ColorProof Color Care Authority. He began his career working with Jay Sebring, the hairstylist to the stars who was murdered by members of the Manson Family at actress Sharon Tate’s Los Angeles home in 1969. He later bought Sebring’s business and wrote a book called “Big Lucky: The Secrets of Serial Entrepreneur Jim Markham’s Success.”
The couple’s newly remodeled Newport Beach home, which will soon be on the market through Compass’ Rex McCown, features 5,866 square feet of living space on a secluded peninsula lot spanning a third of an acre. In the summer of 2021, the Markhams sold their ocean-view mansion in Orange County’s Crystal Cove neighborhood to Andy Peikoff, owner and CEO of Niagara Bottling, for approximately $16.5 million, about $7.2 million more than they paid for the property in 2007.
Click here to see more photos of Jim Markham’s Beverly West Condominiums.
Arturo + Lauren
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