SELLER: Richard Perry
LOCATION: Los Angeles, CA
PRICE: $12,750,000
SIZE: 5,935 square feet, 5 bedrooms, 8 bathrooms

YOUR MAMAS NOTES: Legendary music producer Richard Perry has quietly hoisted his long-time Los Angeles, CA residence, perched on a private knoll on a narrow, curving street just above the Sunset Strip, on the open market with an asking price of $12,750,000.

Mister Perry's high-flying, professional salad days were unquestionably the 1970s an 80s when he produced more than a dozen gold and platinum albums for music industry movers and shakers such as Rod Stewart, Barbra Streisand, Carly Simon, Diana Ross, Leo Sayer, Neil Diamond, Martha Reeves and Captain Beefheart. Although the septuagenarian still keeps his professional toe in the water, nowadays he's more likely to be most familiar with gossip glossy readers as the very tan man-friend of still-sizzling-at-75 Jane Fonda.

Property records aren't specific as to when Mister Perry acquired his Sunset Strip residence or how much music industry moolah he coughed up for it but current listing information shows the gated estate was originally built in 1942—for Ronald Reagan and first wife Jane Wyman—and occupies an elevated .72 acre hillock with nearly unobstructed 340-degree views over the twinkling lights of Tinseltown.

The main house, set high above the street on a steep bluff, measures in at a sizable but hardly huge 5,935 square feet, and includes a total of 5 bedrooms and 8 bathrooms; a paneled formal living room with fireplace; formal dining room; library; wine cellar; indoor and out door spas; and a master suite with fireplace and dual poopers. At least one room in the house has a boozer-friendly, built-in wet bar and walls lined floor to ceiling with scads of photographs of famous people and gold records.

Listing information shows the property offers upwards of ten off-street parking spaces along the wide, gated driveway that swoops up past the north-south aligned lighted tennis court and around the front of the house to a small motor court and three-car garage. The swimming pool and adjacent Balinese-style pool pavilion are somewhat awkwardly situated across the driveway on a large flat plateau.

Some of Mister Perry's nearby neighbors include English actor Michael York, decorator/restaurateur Lynn von Kersting—co-owner of showbiz industry eatery The Ivy on Robertson Boulevard—and movie producer John Goldwyn and his hotelier man-mate Jeff Klein who owns the chic, celeb-stocked Sunset Tower Hotel.

Miz Fonda decamped Atlanta a few years ago and rented an apartment in Los Angeles at the star-studded Sierra Towers building just off the Sunset Strip where other high-profile condo owners include (but are not limited to) pickled and preserved Showbiz and music industry icons like Sharon Osbourne, Cher, Joan Collins, Diahann Carol and Elton John.

The children may recall Your Mama discussed Miz Fonda's airy, art- and crafts-filled loft in Atlanta—with its mortifying Pepto-Bismal-pink, womb-like entrance hall—back in May 2010 when it was first put on the open market with an asking price of $4,500,000. Unfortunately for Hanoi Jane, the 4,764 square foot loft hasn't yet appealed to a buyer and the price has plummeted to $1,195,000.

Miz Fonda recently told former D-list turned B-plus-list comedienne Kathy Griffin that she hasn't spent a single night in her rented 1 bedroom and 1.5 bathroom rental, preferring instead to shack up at Mister Perry's pad from where she said she can see her (unused) apartment from the bathroom window.

listing photos: Coldwell Banker / Beverly Hills South

SELLER: Nicky Hilton
LOCATION: Los Angeles, CA
PRICE: $2,950,000
SIZE: 4,072 square feet, 3 bedrooms, 4.5 bathrooms

YOUR MAMAS NOTES: Hotel heiress, handbag designer and Tinseltown gal about town Nicky Hilton has hoisted her Los Angeles, CA residence on the open market with an asking price of $2,950,000.

Property records (and various reports from the time) indicate Miss Hilton, now pushing 30, bought the large but fairly unassuming 2-story residence just over five years ago, in June 2007, for $2,800,000 and current listing information shows Miss Hilton's house, set a bit above the street with a semi-circular driveway on a long cul-de-sac just above the western tail of the famed Sunset Strip, was built in 1942 on a .35 acre parcel, measures 4,072 square feet and contains total of 3 bedrooms and 4.5 bathrooms.

Like her older sister, Paris, Nicky engaged the services of Hilton family friend, lady-decorator and Tinseltown gal about town Faye Resnick, former b.f.f. of Nicole Brown Simpson who once appeared in her birthday suit in Playboy (1995), occasionally appears on The Real Housewives of Beverly Hills, and did up (some but not all) of Miss Hilton's home in a very tightly restrained (and kinda cliché) glamorpuss-a-thon black and white palette with lots (and lots) of chrome, mirrored and white lacquer accents.

Wide brick steps climb up from the driveway to a spacious entrance hall with gleaming, milk-chocolate-colored hardwood floors. To one side of the foyer, the white-walled formal living room has glossy black moldings; a wide window that overlooks the front yard; French doors that open to the backyard; and a sexy fireplace—or "sexy" fireplace depending on your point of view—flanked by a pair chrome and glass bar carts and a pair of kitchy white ceramic dogs that we're not 100% sure where meant to be kitchy.

One one side of the fireplace Miss Hilton has hung an iconic 1955 photograph by Slim Aarons of stylish (and deceased) East Coast socialite and writer C.Z. Guest standing poolside with her son (and a couple of dogs) in front of the wacky Grecian temple at Villa Artemis, her ocean front estate in Palm Beach, FL. On the other there hangs what could be—but may or may not actually be—a Bert Stern-snapped portrait of Marilyn Monroe.

On the other side of the foyer from the formal living room Miz Resnick papered at least one wall in the formal dining room with an appetite-suppressing, Rorschach-ian black and white pattern that was mirrored in the white applique design on the front of a black lacquer cabinet opposite the front door. Did y'all catch that decorative slight of hand, too?

An old-school swinging door in the dining room connects through to the sizable, center island kitchen finished with herringbone-pattern wood floors that look in listing photos to be a reddish-caramel-color and that Your Mama hopes and prays are actually the same milk-chocolate color as in the rest of the house; white, hardware-free cabinetry, some with glass fronts; black, possibly granite, counter tops; black and stainless steel commercial-style appliances including 4 ovens and 2 built-in fridges; a roomy pantry; an upsetting, sage green painted ceiling and an even more distressing industrial-looking pot rack hung over the center island with only a handful of pots and pans.

The walls of the adjacent breakfast room are papered in the same distinctive, Don Loper-designed Martinique banana leaf pattern as is installed on the walls of the fab Fountain Coffee Shop downstairs at the perennially-iconic and impossibly-chic Beverly Hills Hotel, a hotel, incidentally, Miss Hilton's family neither owns nor ever owned.

Additional rooms and amenities, according to current listing information, include a family room/den with fireplace that does not look like it's been given a once over by Miz Resnick or anybody else for that matter; a gym and sauna; interior laundry facilities; and a master suite described in current listing information as "Dramatic" with 2 huge closets and 2 bathrooms, at least one of which has multiple mirrored walls, double sinks set into some sort of burnt orange colored counter top material, and an oval soaking tub.

Many rooms off the back of the house open to a narrow, tree-shaded backyard nestled into a steep slope with meandering, multi-level Mexican paver tile terracing, lagoon-style swimming pool, spa, waterfall and outdoor fireplace.

Current listing information also lets it be known Miss Hilton would is also willing to lease the property at a rate of $15,000 per month.

listing photos: Hilton & Hyland