The Los Angeles Times reported Sunday Bello, who costarred as a Las Vegas cocktail waitress in the movie "The Cooler," and her screenwriter husband Dan McDermott, a former TV executive, bought the property in 1999.
They said they wanted to move closer to the ocean.
Their 4,200-square-foot country English-style house has four bedrooms and four bathrooms. The house, with city-to-ocean views, was built in 1932 as a lodge, but has since been expanded.
Bello recently costarred in John Sayles' "Silver City," due out in September. and "Assault on Precinct 13," to be released in 2005.
Jordana Brewster on Paul Walker: 'He was an enormous presence in my life'
Exploding whale video goes viral on Internet