Actress/megabrand Ashley Olsen is expecting to take a loss on her 2,332-square-foot house in Los Angeles' Hancock Park neighborhood, having just placed it on the market for $1,399,000.


In a Big Time Listings exclusive, we can report on Olsen's listing of the three-bedroom house, which hit the market on Wednesday.

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Built in 1926, the house has been part of Olsen's empire since her Isabella Missoni Revocable Trust in November 2007 paid $1,575,000 for it. Features in the house include three baths, new central air and heat, new tiled bathrooms, a new driveway, and a living room with a wood-beamed ceiling, a large picture window, a fireplace and French doors, according to listing information. Other features include a large arched doorway between the living room and the formal dining room, a kitchen with stainless steel appliances, a second-floor balcony with wooden balustrades, and an authentic period tiled staircase.

The house sits on a 0.18-acre lot.

We wrote back on December 23, 2007 about Ashley purchasing this house. Our question (to you, dear readers): did Ashley ever actually move in? We believe that...she did. If that's the case, then our question is: why sell now? We haven't a clue.