From the LAT's weekly real estate gossip column:

The sellers were actress Courteney Cox Arquette, of "Friends" fame, and her husband, actor David Arquette, star of the "Scream" series of films. They paid nearly $10.2 million for the home slightly more than six years ago and put it on the market in February.

The architectural trophy home was designed by John Lautner, who studied with Frank Lloyd Wright. Lautner, known for his modernistic designs, died at age 83 in 1994.

The four-bedroom, 5,500-square-foot house -- known as the Segel residence -- has ocean views from almost every room and sits on a double lot with 80 feet of beach frontage, according to the Multiple Listing Service. It has exposed concrete, natural wood, skylights, a curved roof line and a pool.

Full details here

But David and Courtney aren't going very far, the San Francisco Chronicle says. (last item on page.)

Former "Friends" star Cox has a passion for interior design and house renovation, and in March paid almost $20 million for a wreck of a property overlooking the Pacific Ocean.