April 2, 2009

Husband-and-wife actors William H. Macy and Felicity Huffman pay $1M to purchase a multi-unit residential building in Los Angeles’ Fairfax District

Husband-and-wife actors William H. Macy and Felicity Huffman have paid exactly $1,000,000 to purchase a 3,924-square-foot, multi-unit residential building in Los Angeles’ Fairfax District.

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In a Big Time Listings exclusive, we can report on Macy and Huffman’s recent purchase of the building. Records show that in January, their trust closed on the building, which is on Spaulding Avenue in the Fairfax District, near Rosewood Park.

Built in 1936, the four-unit building has four bedrooms and four baths, according to public records.

The building sits on a 0.15-acre (6,360-square-foot) lot, according to public records.

We don’t have a clue what the couple’s intended use for the property will be.

Huffman and Macy’s principal residence remains their compound in Los Angeles’ Hollywood Hills, which consists of four separate parcels. Records show that they own a 4,717-square-foot house that sits on a 0.91-acre (39,448-square-foot) lot that they have owned since at least 1998, and then they also own an adjacent, 1.36-acre vacant lot that they purchased in November 2003 for $630,000. In addition, Macy and Huffman also own two other adjacent vacant tracts: a 0.35-acre (15,246-square-foot) vacant parcel that they bought in November 2005 and a 0.38-acre (16,548-square-foot) vacant lot that they purchased in 2005, according to public records.

In all, Huffman and Macy own a total of just about exactly 3 acres on their compound in the Hills.

Filed under Celebrity Homes, Hollywood Stars by Bob Goldsborough

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Comments on Husband-and-wife actors William H. Macy and Felicity Huffman pay $1M to purchase a multi-unit residential building in Los Angeles’ Fairfax District »

April 3, 2009

tlp333 @ 7:28 am

If I am not mistaken, they also own a home in Basalt (CO).

Maybe they see the value in the property. In this market with the prices off 50-60% in some areas, it just could be a great buy. Some people like real estate. They can see and touch it. It doesn’t go away like paper does. They maybe were longing to create a portfolio of income property. I know many people who wish they bought and held investment real estate. I also know many who have and are worth 10 figures.
Then again who knows!

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