Paul, a longtime friend of mine who is a musician and songwriter, was coming from Toluca Lake.

WSJ: Getting There in L.A.

But despite his involvement in professional sports and Las Vegas, he avoids the limelight and still makes his home in the low-key San Fernando Valley suburb of Toluca Lake.

FORBES: City of Greed

Despite the price cut, it looks like Duff will make a little bit of a profit on the home, even though median Toluca Lake home values are dropping 5.4 percent year-over-year.

FORBES: Hilary Duff Relists First Home with Price Cut