Ashley Olsen Lists At Loss In Los Angeles

by Deidre Woollard (RSS feed)
Feb 11th 2010 at 6:02AM

Ashley Olsen, the blonder and seemingly more Californian of the Olsen twins is the latest celebrity real estate potential loser. While her situation isn't as bad as Scarlett Johansson's $2 million potential loss, Berg Properties Big Time Listings reports that Olsen has listed her home in the Hancock Park area of Los Angeles at a price below what she paid for it. She bought the home in 2007 for $1.575 million. The Spanish style three-bedroom was built in 1926. It has had some renovations including new central air and heat, new tiled bathrooms and a new driveway.

The listing enthuses that the house never looked better. It has a large living room with a wood-beamed ceiling and French doors lead out to a covered patio and yard with a tiled pool and spa. Arches frame several doorways and the theme is continued with curved fireplaces. Given the span of the Olsen empire, this is a fairly modest home. It is listed at $1.399 million.

Gallery: Ashley Olsen in Hancock Park

Tags: ashley olsen, AshleyOlsen, celebrity real estate, CelebrityRealEstate, hancock park, HancockPark, los angeles real estate, LosAngelesRealEstate

Filed under: Estates, Celebrity Shopping

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Reader Comments (Page 1 of 3)

Lisa Feb 11th 2010 3:00PM

1.399 million??? Are you kidding me? There are more beautiful homes for sale for a lot less than that. Are you paying that much just because an Olsen twin owned it? Who cares?

mali031958 Feb 11th 2010 4:33PM

I think it is somewhat dark and dismal.

CindyM Feb 11th 2010 7:28PM

It's my house, damn it! WHAAAAAA! WHAAAAAA, WHAAAAAA, WHAAAAAA!!!!!

dverzic Feb 11th 2010 4:13PM

Not a bad price for California.

hookmrl Feb 11th 2010 3:14PM

Here is 2 more do nothings that suck off their parents ,who really cares

Reece Feb 11th 2010 3:42PM

No, it is the other way around. Their parents are living off of them. Those young ladies have been working since they were toddlers. Research and Learn!

kellymcd4 Feb 11th 2010 3:44PM

Suck off their parents?!! I don't think so! The Olsen twins have been working since they were babies! What rock have you been under? If anything their parents sponge off them!!

mischelle Feb 11th 2010 3:19PM

With the exception of the swimming pool, the home is decidedly non-descript. It has no personality and doesn't look like anyone ever lived there. I know that realtors like for buyers to see a clean slate so they can use their imaginations but this is a little extreme. I am surprised she paid what she did for the home initially if it has had improvements and still looks like it does. It lacks warmth.

John Kiernan Feb 12th 2010 1:32AM

$1.399 million for a noticeably plain, bland, starkly furnished house lacking wall decorations or any sign of life? No color. How boring.
This may be a house but it does not have the warmth of a home.
I'll pass.

JFK in San Antonio

motif Feb 11th 2010 3:27PM

i think she got ripped off. i've seen alot nicer homes as well.

Blue Feb 11th 2010 3:57PM

It is called LOCATION LOCATION LOCATION. Doesn't matter what a house looks like sometimes, it is the location that raises the price. And as for the comment about the twins living off of their parents? This person must not know who they are, their money is THEIR money from all their businesses.

Sekinu2 Feb 11th 2010 5:24PM

See now the saying location location location on applies to those who aren't really smart or have so much money they don't care. Its a small house and not worth what its price is and a minus since its in lA and california but there are lots of idiots out there who will pay much more then what the actual house is worth. This is about a $185000 house in most rest of the country..

jstun Feb 11th 2010 9:07PM

Blah...

Terry Mc Feb 11th 2010 3:35PM

I personally love this house. It's airy and roomy. I think the reason it's so exspensive is because of the location. Anything in L.A. Is going to cost more than AverageTown USA.

kellymcd4 Feb 12th 2010 9:20AM

Suck off their parents?!! I don't think so! The Olsen twins have
been working since they were babies! What rock have you been under?
If anything their parents sponge off them!!

T. Hull Feb 11th 2010 3:59PM

Shhhh! Don't tell anyone, but LA is really just Average Town Usa! But the elitist citizens there are trying desperately to maintain the falsehood of the image they try to project!

Remember: don't tell!!! Ha! Ha!

tpmskjca Feb 11th 2010 7:52PM

Yes, you are so correct. If California didn't have el grande agua, it would be any town, USA.

beverly meeks Feb 11th 2010 4:03PM

I WAS VERY SURPRISED......VERY SPARTAN ON THE INSIDE.....COURTYARD AND POOL WERE THE ONLY OUTSTANDING FEATURES......FOR THE MONEY....A HOUSE FOR THAT PRICE IN THE SOUTH WOULD BE PALACIAL..

the_fool Feb 11th 2010 4:49PM

Actually she is doing well compared to some people in this sucky economy. The value of some houses that I know have been cut in half from just six months ago. It bums me out to see the value of my house now. With this same formula her house would list for $750,000.00. So if she can accept the loss -- take it ... if not be prepared to hold on to it for a long time or take a bigger hit.

the_fool Feb 11th 2010 4:51PM

Actually she is doing well compared to some people in this sucky
economy. The value of some houses that I know have been cut in half
from just six months ago. It bums me out to see the value of my house
now. With this same formula her house would list for $750,000.00. So
if she can accept the loss -- take it ... if not be prepared to hold
on to it for a long time or take a bigger hit.

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