Lifestyle Home Jennifer Lopez and Alex Rodriguez Buy New Home - But It's Nothing Like Their Other Houses By Mackenzie Schmidt Mackenzie Schmidt Mackenzie Schmidt is the Home and Travel Editor for PEOPLE. She's worked at PEOPLE for over five years as a writer and editor on the Lifestyle team. People Editorial Guidelines Published on July 6, 2020 03:43 PM Share Tweet Pin Email Jennifer Lopez and Alex Rodriguez have purchased another West Coast home! The engaged stars have picked up a new place in Encino, California, for $1.4 million, according to Variety. The 2,200-square-foot home features three bedrooms and two and a half baths, which seemingly rules it out as an option for their family of six. (Lopez has twins Emme and Max, 12, with ex Marc Anthony and Rodriguez has two daughters, Natasha, 15, and Ella, 12, from his previous marriage.) Instead, it's likely the property is either a real estate investment for the business-savvy pair or possibly a place for a family member or friend. The house, which is situated on just over .1 acres, includes an open-plan living room and dining room with vaulted wood ceilings as well as an updated kitchen. Outside there's a narrow entertaining space with a covered seating area and a small separate outbuilding that could be used as an office or studio. Alex Rodriguez with Jennifer Lopez and her twins Emme and Max. Alex Rodriguez/instagram Lopez already owns a large estate in nearby Bel Air. She opened up about why she fell in love with that home in 2107: "We walked into this house, and I said, 'This is where I want my kids to grow up,'" she told Vanity Fair in a cover story with Rodriguez. "You have to imagine your life, and what you want to be in it, and I imagined we would be very happy here no matter what." Jennifer Lopez Lists $27 Million Manhattan Penthouse: See Inside! Jennifer Lopez, Alex Rodriguez and kids. Alex Rodriguez/Instagram Among that house's features are a stone patio overlooking an infinity pool, a double-size swing and lush landscaping. Inside, there are wood-beamed ceilings and furnishings that include "low-slung sofas, big pillows, and bowls filled with cut roses," according to VF. A standout artwork reads "GRATTITUDƎ," a portmanteau of "gratitude" and "attitude." The family also shares several properties across the country: They spent time at home social distancing during the coronavirus pandemic at their glassy, modern house in Florida. And Lopez has a 14,000-square-foot, 7-bedroom house in the Hamptons that she purchased back for $18 million back in 2011. Jennifer Lopez/TikTok The couple recently picked up a house on the beach in Malibu, where Fixer Upper superfan Lopez met with Joanna Gaines and a film crew in March 2019. Neither side has shared additional information on what that footage may be used for, but the Gaineses will soon be launching their own TV network with a new slate of shows. Jennifer Lopez, Alex Rodriguez and kids. Jennifer Lopez/Instagram They've said goodbye to some serious real estate in recent years, too. Lopez let go of a major piece of real estate in 2017, listing her 6,500-square-foot penthouse in Manhattan's Flatiron District for $27 million. WATCH THIS: Jennifer Lopez Lists Her NYC Penthouse for $27M J.Lo and A-Rod Trading $17 Million NYC Apartment for 'Bigger Space' for Blended Family: Source And the couple listed another NYC place for $17 million in 2019 less than a year after buying it. "They need more space with the kids," a friend told PEOPLE of their three-bedroom spread in a luxury tower. "They love the building, but just need a bigger space than they originally thought."