David Hasselhoff, 60, paid $1.95 million on a Mediterranean mansion in Calabasas, Calif. The actor and singer sold his home in Encino, Calif. in April for $3.549 million. His smaller home spans 5,767 sq. ft., has six updated bathrooms, a family room wet bar, pool and waterfall. The backyard has 1.5 acre and a basketball court. This estate last sold in June 2003 for $1.65 million.