Olsen Twins are bad real estate moguls

 Mary Kate Olsen

Former FULL HOUSE stars MARY-KATE and ASHLEY OLSEN have decided to put their not-so-full Los Angeles house up for sale, after spending most of their time in New York City. The twins, who shared the role of MICHELLE TANNER on the popular show, purchased the house for $4 million (GBP2.2 million) in 2004. The 20-year-old Olsens have parlayed their success into a billion-dollar line of products and became co-presidents of their own company when they turned 18. They visit the company’s headquarters in Los Angeles only once a month, and have spent the last two years in New York City attending college on and off. The mid-century modern house designed by HAL LEVITT, is one level and has two master-bedroom suites – one for each twin – plus two additional bedrooms. The gated estate, which is located in the hills of Los Angeles suburb Westwood, also has a pool, spa and sweeping views of the city. It is on the market for $4.4 million (GBP2.4 million).

Yes, 4.4 mil is quite a lot of loot, but I would expect a larger profit from these two moguls.

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