FameFlynet Pictures/Everett Fenton Gidley for Hilton & Hyland
Prev None of 23 Next
Leave it to Oscar-winning actor Jared Leto to purchase one of the most peculiar homes in Hollywood. The star recently scooped up this storied compound in the Hollywood Hills for $5 million.

Built in the 1940s, this massive property was originally used as a military film studio. Over the past seventy years, the facility has transformed into a colorful and rambling residential oasis with plenty of room for work and play.

Click through for more images of the this one-of-a-kind piece of real estate — you've got to see it to believe it.