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Los Angeles Times
Los Angeles Times
Business
Neal J. Leitereg

Dax Shepard and Kristen Bell pick up an investment property in Mid-City

Jan. 27--Actors Dax Shepard and Kristen Bell have bought a duplex in the Mid-City area of Los Angeles for $800,000 and put both units up for lease at $2,400 a month.

Set within a slatted wood fence and gated entry, the duplex was recently remodeled and features bleached walnut and tile floors, pendant lighting and crisp white interiors.

Each residence includes an updated kitchen with quartz countertops and stainless steel appliances, a living room and dining area. There are three bedrooms, two bathrooms and washer/dryers in each unit.

A small patch of grass, two single-car garages and an additional parking area are within the grounds, which has front and rear exits.

The property came to market in October for $799,000, records show. It previously sold for $345,000 in 2007.

Morgan Pasco of Morgan Real Estate Group was the listing agent. Peter Maurice of Rodeo Realty repped the buyers, according to the Multiple Listing Service.

Shepard, 41, is known for his roles in the films "Without a Paddle" (2004) and "Employee of the Month" (2006) as well as the TV series "Parenthood." He will direct and appear in the upcoming film "CHiPs," based on the 1970s television drama.

Bell, 35, gained notoriety for the television series "Veronica Mars" (2004-2007). Among her film credits is the 2008 comedy "Forgetting Sarah Marshall," (2008) "Couples Retreat" (2009) and "Frozen" (2013).

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