Leonardo DiCaprio’s fairly humble Studio City home finds a buyer

The 1930s ranch-style residence has sold for just over $2.2M

By Elijah Chiland Updated Dec 4, 2016, 12:22pm PST

This pleasant, but fairly straightforward ranch-style home might not look like the type of residence that would attract a jet-setting celebrity and island buyer like Leonardo DiCaprio, but until very recently, it belonged to the Oscar-winning actor. DiCaprio listed the house in September for $2.395 million and now Variety reports he’s found a buyer willing to pay pretty close to that amount—$2,237,400, to be perfectly exact.

The home was built in 1937 and sits in the Colfax Meadows neighborhood of Studio City—an area that a number of film stars and Hollywood luminaries have called home since the 1920s. And while it doesn’t look terribly imposing from the street, at nearly 3,500 square feet, the house is plenty spacious.

DiCaprio purchased the property in 2014 from cousin and frequent business partner Robert Hrtica. He paid $2.05 million at the time, and now appears to have netted a small profit on the transaction.

Meanwhile, DiCaprio has also knocked close to a million dollars off the asking price of a residence he purchased along Malibu’s Carbon Beach back in 1998, shortly after the success of Titanic propelled the actor to superstardom. The home, which was long-rumored to have been primarily a seaside getaway for his mother, is now asking $9.995 million—down from the $10.95 million it was first listed for, but up considerably from the $1.6 million that DiCaprio initially paid for the place.