David Hasselhoff buys $2 million Calabasas mansion

David Hasselhoff has just downsized -- last week, the "Baywatch" star bought himself a $1.95 million home, according to TMZ.

The mansion, which is in Calabasas, Calif., spans 5,767 square feet. It boasts five bedrooms, six full baths and has its own basketball court.

Hasselhoff just sold his Encino home for $3.795 million. Hasselhoff bought the home in 1991 -- the height of his fame -- and listed it in November 2012. That home had 8,947 square feet and more than an acre of surrounding land.

Click here to see the new Hoff pad's Redfin listing, complete with photo gallery.