Olsen twins buy LA home

Twins Mary-Kate and Ashley Olsen are downsizing their Hollywood dream after moving out of their $5m (€3.4m) Bel-Air pad and into a new home in Los Angeles' trendy Larchmont Village.

The actresses have reportedly paid $1.6m (€1.08m) for their new Spanish-style home.

According to American magazine 'In Touch Weekly', Mary-Kate spotted the four-bedroom home during a shopping trip to the area and fell in love with it.

It seems the twins are planning to spend more time in Los Angeles after putting their 12-room apartment in New York City's West Village on the market for almost $12m (€8.2m).