Effortlessly chic! Youthful Naomi Watts, 48, highlights her slender figure in monochrome ensemble as she runs errands in Los Angeles

By Kristy Johnson and Marta Jary For Daily Mail Australia

Published: 01:03 GMT, 25 February 2017 | Updated: 04:56 GMT, 25 February 2017

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She's the Academy Award-nominated star, known for roles in Mulholland Drive and The Ring.

And Naomi Watts looked every inch the bonafide actress, as she was spotted running errands in Los Angeles on Friday.

The 48-year-old highlighted her slender figure in a black suit jacket, patterned blouse and cropped trousers.

Effortlessly chic! Naomi Watts, 48, highlighted her slender figure in a black and white ensemble, as she was spotted running errands in Los Angeles on Friday

Seen crossing the road, Naomi opted for a classic ensemble.

A fitted black jacket was teamed with a coordinating blouse that offered just a glimpse of her delicate decolletage.

Teamed with cropped black trousers and two-toned flats, the Insurgent star carried her belongings in a Chanel quilted shoulder bag.

Styling her short blonde locks in a side part and framing a minimally made-up complexion, Naomi shielded her eyes behind a pair of round-rimmed sunglasses.

In style: A fitted black jacket was teamed with a coordinating blouse and a pair of cropped black trousers

Luxe: The Insurgent star carried her belongings in a Chanel quilted shoulder bag

Beauty: Round-rimmed sunglasses concealed a minimally made-up complexion, while her short blonde locks were styled in a side part, framing her face

While rummaging through her designer handbag, Naomi engaged in conversation on her iPhone.

Appearing to have heard good news, a small grin formed on the New York-based personality's face.

Just days earlier, Naomi was pictured enjoying a lunch date with good pal Isla Fisher, actress Laura Dern, filmmaker Sam Taylor-Johnson and producer Lisa Rubin.

The women had much to celebrate, with Laura Dern's new TV series, Big Little Lies, co-starring Nicole Kidman and Reese Witherspoon, about to hit the air.

Connected: While rummaging through her designer handbag, Naomi engaged in conversation on her iPhone

Content: Appearing to have heard good news, a small grin formed on the New York-based personality's face

A-list friends: Just days earlier, Naomi was pictured enjoying a lunch date with good pal Isla Fisher (front centre) 41, actress Laura Dern, filmmaker Sam Taylor-Johnson and producer Lisa Rubin

Naomi has started work on TV series Gypsy, in which she plays a neurotic therapist who gets too close to her own patients.

The show is produced by Lisa Rubin, who was present at the lunch, and Sam Taylor-Johnson, also pictured, is one of the guest directors.

Naomi and Isla, 41, have been friends for many years, posing together at the I Heart Huckabees premiere in 2004 and seen shopping together in New York in 2011.

They were also inseparable at the 2012 Cannes film festival, and have caught up with one another regularly ever since both actresses respectively left Australia.

Ex-pat BFFS: Naomi and Isla have been friends for many years, posing together at the I Heart Huckabees premiere in 2004 and seen shopping together in New York in 2011

Best mates: They were also inseparable at the 2012 Cannes film festival (pictured) and have caught up with one another regularly ever since both actresses respectively left Australia