Ashley Olsen pays $1.575M for house in Los Angeles' Hancock Park area, and Ashley and her twin sister Mary-Kate re-list their 5,725-square-foot penthouse in NYC's West Village for $11.995M

Actress/megabrand Ashley Olsen has paid $1,575,000 for a four-bedroom, Spanish-style house in Los Angeles’ Hancock Park neighborhood, and she and her twin Mary-Kate have placed the 5,725-square-foot penthouse unit in Manhattan’s West Village that they never lived in back on the market — again — for $11,995,000.

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Over the holidays, we’re following up on some items that we haven’t written on yet. First off, kudos to our friends over at the Real Estalker for breaking the story a few weeks ago of Olsen’s purchase of the 2,332-square-foot house at 461 N. Mansfield Avenue in Hancock Park.

Indeed, records show that Olsen’s Isabella Missoni Revocable Trust paid $1,575,000 for the Hancock Park house on November 21, with the deal being recorded on December 6. Built in 1926, the Mansfield Avenue house has three baths and sits on a 0.18-acre lot, according to public records.

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It’s unclear whether Olsen truly intends to inhabit the modest (for L.A.) house, which is close to the street and hardly befitting of someone with her wealth and security needs. However, there’s no question that it was Ashley who bought the property, and the purchase marks the return of L.A.-area land ownership for one-half of the Olsen clan. (Her sister Mary-Kate remains a renter in the Hollywood Hills and has not yet purchased anything new through her Lola Bella Trust.) The Olsens’ previous ownership foray was their combined ownership through their Dualstar Entertainment Group (and later through their Isabella Missoni and Lola Bella Trusts) of the house at 153 Ashdale Place in Los Angeles’ Bel-Air area. The twins had owned that 3,675-square-foot house, which was built in 1962, from mid-2004 until selling it in late 2006 to something called the Grace Generation Trust (a celebrity?) for $3,850,000, according to public records.

The Olsens’ perpetually-rented-out, 12-room pad in Manhattan’s West Village is a bit more of a puzzler. Bought new and
ostensibly (though never lived in by them) intended for what wound up being the twins’ brief stay in college at New York University, the five-bedroom penthouse unit at 1 Morton Square is back on the market yet again, as the New York Observer’s Max Abelson reported a few weeks back. The pair never have occupied the place, and instead reportedly have rented it out since buying it in December 2004 for $7,300,000, according to public records.

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Features in the Morton Square penthouse include four and a half baths, 53 large picture windows, a 53-foot-long entertainment space, a glass-enclosed wood-burning fireplace, and an eat-in kitchen with a home office, a walk-in pantry, an oversized granite island, all stainless steel appliances, and a Viking Professional six-burner stove, according to listing information. Other features include a master suite with a large private dressing and an oversized walk-in closet, a library with 50 feet of custom book shelving and an en suite full bathroom, a laundry room, California closets, and a Niles Music System, according to listing information.

Check out an online listing sheet for the penthouse — complete with photos — here.

By Bob Goldsborough at 29 February, 2008, 1:46 am

Berg Properties is licensed in Illinois, Texas, Minnesota and Missouri.

Categories : Hollywood Stars
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Comments
Angelica :D 14 March 2011

Omg! I Would Love To Live In Hollywood… Hopefully When I Grow Up I’ll Be Able To Live There.. Its Like My Dream :)

Angelica :D 15 March 2011

I Love Everything About HOLLYWOOD! =D

Whenever I Go To Hollywood I Feel Soo Happy Being There For Some Reason…I Just Wanna Live There Soo Bad D: I Really Like To Sing And I’ve Always Dreamed Of Becoming Famous And Living There…. :)

So Hopefully My Dream Comes True…

blues 5 April 2011

I associate him particularly from M.A.S.H., my beloved serial. I remember watching this serial with my brother. It must have been long long time ago.
Hopefully there are steel re-runs on TV, I miss no-one.

Erich 6 April 2011

Being successful is one thing but getting rich off donations is another. If the money strictly came from books or from people saying I want to give money to you the person–not the ministry then that would be a better situation. This appears to have money rolling in from all corners

Sylvia 9 April 2011

I love this home, it is gorgeous. Keith and Nicole have amazing style and this home is definitely my style. If I had the big bucks I would by this home, if I were in America that is.

All my love Nicole!

Brittany Adrienne Bailon kardashion 25 April 2011

ROB AND BRITTANY KARDASHION AFTER THEY GET MARRIED THEY WILL MOVE INTO THE JENNER/ KARDASHION HOUSE THIS HOUSE THAT IS POSTED IS EVERYTHING ROB AND BRITTANY WANTS AND IT HAS EVERYTHING ROB AND BRITTANY WANTS ROB AND BRITTANY WILL CONSIDER MOVING INTO IT IN 2012 NEXT YEAR AND THEY WILL LIVE HAPPLY EVER AFTER IN LOS ANGELES

Ellie Cutler10 8 May 2011

plezzzzzzzzz e mail me im your bigest fan i love u guys so much im 10 and i have a puppy and her naame is bella she haves 3 legs and she love new people ill love you guy to come vist me and my puppy i hop u can come i love your hole family as a friend. im trying to be come a moldle just like kim and everyone els in your family : ) ellebell04@live.com.

last minute oferty 28 May 2011

Fantastic news! thank for the infor, love to hear more

Sean Pearson 10 June 2011

It’s amazing that in this recession that people are still spending this kind of money.

John Cauley 11 June 2011

She bought the unit for Coretta Scott King.

cody 16 June 2011

very nice house cheap price to at 3.3 million love the size.

Luiza 25 June 2011

LINDO DE D++++++++++++++++++++++++++ O DR REY I LOVE YOU

Penny Snowball 9 July 2011

This is my dream house, I absolutely love love love it, sadly I do not yet, I mean, YET have the money to buy it!!

beauty 13 July 2011

Hi Kimorah

Pls bring back the show, my twins cant waite to watch it, they are boys and six years old the thing is they have a krush on your daghters and they just want to watch it. I was also addicted to the show I just want to watch your fabulous life, that i wish I had, but I know it come with the hard work. My name is beauty and the twins names are Themba and Sthembile from South Africa (Kimberley) I so wish to see you, let me know when you visit South Africa. Fabulocity is the Queen. One day is one day.

shawna 19 July 2011

nice house

Dave Cook 19 July 2011

I should have been an actor!

Amazed 31 July 2011

I cant believe people are talking to them like they are a real family. ITS TELEVISION! Also, Gary Coleman and Dana Plato are dead and have been for a while. Conrad Bain is in a nursing home in California.

Where do you people live, Mars?!

claire 1 August 2011

Cute house,,kinda small though. Wouldn’t think celebs lived there at all
Very nice on the inside though,my parents considered buying it,but choose a nicer bigger house in the beverly hills area.

gigigisele 5 August 2011

I have lived and worked in “Over Priced” Beverly Hills for a few years. A wise investment buy property miles away from Los Angeles,Calif ..then build a residence. With foreign investors from the Middle east,China and other non-speaking “English” countries. They fly over buy up real estate,,tear down then flip it for a profit.,,Hollywood isnt what it used to be when I first stepped into this former glitz city. Change is apparent ..but is this really the United States anymore or China? Saudi Arabia?…

A. Brown 14 August 2011

I notice that I typed my email incorrectly, preciousdlitecleaning@yahoo.com

tinytim 14 August 2011

is this the “haunted” house she is going on about on celebrity ghost stories??? and re: is this us or china/saudi arabia… who cares. its hollywood. are those tits/hair/teeth you see on anyone walking around real or are they purchased?

Marsha 14 August 2011

PLEASE BRING THE SHOW BACK

Marsha 14 August 2011

PLEASE BRING THE SHOW BACK, I MISS ALL THE DOCTORS

Susan 22 August 2011

Hey Roseanne,
I to was a funny lady. But my husbands MS kept me from traveling the circuit.
I would love to live there and help with the farm. I love what you are doing. You are so giving. You are my hero. Ps. If he won’t marry you get rid of the extra baggage.

Susan 22 August 2011

I’m ready, more than ready to help on the Island. Give to those that need.
I have worked in the theatre at a college and love people. I’m now reitired and hate it. I’m so bored. I need to talk with you. My husband has had MS for 30 years. I am at the end of the so called rope.

Susan 22 August 2011

I love the laughs I get when I do comedy. But I always have to go home to nothing. I feel chained to a pole. I hate it. It’s the hightest of highs to hear the people laugh. Something my husband will never understand. It’s a drug to me.

Susan 22 August 2011

What do I do?

Susan 22 August 2011

In the state of Illinois I’m a master gardner. The University of Illinois.
I love the earth. I love the smell of it. You are an angel. Giving everyone
the fruit of the earth. Jesus loves you. :)

Susan 22 August 2011

I do use the F word just like you do. I can’t imagine making through some of the daily things given us without it

Susan 22 August 2011

Beer helps.

Susan 22 August 2011

ya ya ya :)

joanne 23 August 2011

could some one please give me the money to buy the kardashians house i wud luv to live there with my two small children wow what a life they wud have me and my boyfriend wud be soooooo happy

Аквичоп 9 September 2011

I adore Ashton Kutcher and he Gets Naked For Ellen, Ashton Kutcher is off on the road to advertise the pants off his new role on Two and a Half Men. Oh hold your horse, that’s promote with his pants off. Ashton stripped down to his birthday suit for the season first performance of The Ellen DeGeneres Show

Lois 11 September 2011

Hi Kris,
My name is Lois Grossman and love your shows, I watch them all the time. Congratulations on Kim’s wedding. After watching the show in Bora Bora and Robert said he did not know what he wanted to do.. Why doesn’t he start he own Clothing Line. He has a creative mind and could come in with a style of him own for Men. T-Shirts, Cargo Pants, Hiking Boots and the list goes on and on. The family loves Golf he could come up with a Golf shirt in his own style. And Suits, Suits by Robert Kardashian, people would live to see a clothing line by him.
Just an idea.
Lois
Sherman Oaks, Ca
818 906 0838

Lisa Gallant 30 September 2011

A dream is having a place-You don’t need to spend a fortune to be happy.

Lloyd 1 October 2011

I love Teri Garr, she is in an old episode of Friends right now. Stay strong, Teri!

Nadia 14 October 2011

I love this house! I pray that i will be blessed with this house… maybe not in the same location but hopefully the same exact house in my hometown…in the name of Jesus Amen!

martin 18 October 2011

to other person up the page simon is not actor, then again, they do act a bit on these x factor shows, simon cowell made his money as a music r and r i think its called, then hit the big time creating the x factor, makes 100 of millions!.

martin 18 October 2011

that was a reply to
“Dave Cook
19 July 2011″ saying “I should have been an actor!”

haha or a singer even?, so they make good money still?.

Danica Quipones 25 October 2011

hi channing
Jenna dewan must be so lucky to have you! how I wish I was her,even just for 1 night just to be with you,lol!but Im serious!and you really have a nice house,hope t see more movies f you

Lindsey 25 October 2011

That explains it!!!!!!!!!!! Every year, Stone Barn Castle used to do a really cute Halloween scavenger hunt — we used to go every year when, all of a sudden, it closed down. I didn’t realize it was purchased by him…that really stinks!!!!!!

Kathy 2 November 2011

I live in the area near the house at 7327 Woodrow Wilson Drive. It burned to the ground in September (it was being rented by another actor). If you google “Woodrow Wildon Drive structure fire” you should find the video.

jack varner 3 November 2011

DID BRUCE JENNER HAVE FAMILY/RELATIVES LIVING IN WESTERN PA — near Blairsville, PA?

jack varner 3 November 2011

DID / DOES BRUCE JENNER HAVE RELATIVES/FAMILY LIVING IN WESTERN PENNSYLVANIA — NEAR BLAIRSVILLE, PA ??

Susan Verre 4 January 2012

Mitt Romney yOU l ook Very Hand Some You Are Angel Love Susan Verre.

Susan Verre 4 January 2012

Mitt Romney You Are My Hero And Favorite Person For Susan Verre .

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