Joaquin Phoenix – $1.39 Million, Studio City

Joaquin Phoenix joined the list of celebrities who figure that they would have more privacy or acreage if they bought the adjacent properties next to their primary residences. He spent $1.39 million to acquire the 2,511 square feet next door, which he possibly plans to use a guest house.

Phoenix spent $4.8 million on his primary 3,753-square-foot Studio City residence back in 2006. Phoenix can afford to splurge his hard-earned fortunes on real estate because he’s been busy receiving awards and picking up roles in numerous productions. He has upcoming credits in the drama film C’mon C’mon.