Scarlett Johansson and Ryan Reynolds are moving to New York.

The married couple have put their four-bedroom Spanish style Los Angeles property up for sale for $4.5 million - $2.5 million less than they paid for it in 2007 - with the intention of permanently relocating to the $2 million penthouse apartment they already own on the Upper East Side in the 'Big Apple'. 

The home boasts five bathrooms, a pool and spa, chef's kitchen with retro decor, a media room and gym room.
The Los Angeles house was built in 1931 and has been restored to its old style, as well as updated with eco-conscious upgrades such as solar electric.

The home boasts five bathrooms, a pool and spa, chef's kitchen with retro decor, a media room and gym room.

This is not the first time Scarlett has faced a loss when selling a property.

In April 2008, the 'Lost In Translation' actress sold her Manhattan loft apartment for $1.9 million - $52,000 less than she bought it for two years earlier.

Scarlett is currently starring in a theatre production of 'A View From The Bridge' on New York's Broadway.