Nicole Richie and Joel Madden

Nicole Richie and Joel Madden

Nicole Richie and Joel Madden are selling their Spanish-style home for $1.87 million.

The couple, who bought the house in November 2008 for $1.8 million, put the luxurious property in Glendale, Los Angeles, on the market on Monday (21.04.14).

The house, built in the 1930s, is complete with four bedrooms and four bathrooms and is located on a 0.38-acre site, which is perfect for a young family.

The plush property boats stunning interiors, including hardwood flooring, glass windows and drywall ceilings, as well as a glamorous garden with a peaceful water fountain.

The kitchen has been kitted out with top of the range appliances for entertaining guests and the spa is perfect for some relaxation after a hard day at work.

The 4,718 square-foot two-storey home has some added glam with stunning chandeliers and three sets of French doors, which lure you to the outdoor patio.

The house is also located near a number of schools, which will be beneficial to a family with young children.

The pristine property is listed on realtor.com and is also available to rent at $45,950 per month.

Meanwhile, Nicole and Joel, who got married in December 2010, are believed to be looking for a bigger home to accommodate them and their children, Harlow, six, and Sparrow, four.