The couple, who married in 2008 but split at the end of 2010, with their divorce finalised in July 2011, are selling the two-bedroom, three-bathroom house which they purchased for USD 2.9 million in 2010, reported Daily Mail online.
The house, which is in the trendy Los Feliz area of the city, features a sparkling salt water swimming pool and wooden decking which provides spectacular views.
The house is named 'The Wong House' and sits on nearly half an acre of land. Besides a spacious open plan living area, there is a private master suite with its own walled small garden and outdoor bath.
The house is also gated and protected by video surveillance.
Johansson is currently dating New York-based advertising creative director Nate Naylor and Reynolds is now with 'Gossip Girl' star Blake Lively.