VIDEO : Nikki Reed and Ian Somerhalder Buy Gorgeous Venice Contemporary

Actors Nikki Reed and Ian Somerhalder have forked over $2.85 million for a glassy contemporary in Venice sold by Red Hot Chili Peppers drummer Chad Smith. Smith bought the property a only year earlier for a smidge less than $2.76 million. Just off the trendy Abbot Kinney shopping and dining district, the nearly new, glass-walled residence has three bedrooms and 3.5 bathrooms in about 2,800 square feet.. Polished concrete floors run throughout the interconnected, loft-like main living spaces.