Rande Gerber and Cindy Crawford are renting out one of their Malibu properties. The couple is asking $22,500 per month (furnished) for a long term lease and $35,000 per month (furnished) for a short term lease. [Real Estalker]
Actor Wilmer Valderrama has finally sold that big ugly home of his in Tarzana for $1.75 million. It was originally listed for $2.25 million, before getting chopped to $1.95 million. [BTL]
Investment banker Warren Woo, the former global head of UBS's leveraged finance and private equity coverage group, paid $20 million for a home in Holmby Hills with seven bedrooms. [WSJ]
Melrose Place Grant Show has listed three-bedroom, two and half bath Hollywood Hills home for $1.995 million. The home has "Moorish architectural elements with classic Spanish design." [Real Estalker]
Baron Davis, who plays for the Golden State Warriors has sold two condos in Los Angeles for $2.66 million. [WSJ]
British singer Dido has sold her three-bedrooms, three and a half bathroom Bird Street home for $4.6 million. [Real Estalker]