She’s worth nearly a billion dollars, but Ashley Olsen would rather temporarily crash with a friend than stay at any of the top hotels she could certainly afford.

Ashley plunked down $1.6 million for a home in the Hancock Park section of Los Angeles, and while the place is being completely remodeled, she’s sleeping on a pullout sofa bed at her longtime stylist’s house.

According to an insider, Ashley, 21, moved in with Estee Stanley in February until the work on her home is completed. “Ashley is redoing the whole place, so it’s taking time,” her pal reveals. “She’s spending nearly $1 million on the renovations.” Estee has also worked with Demi Moore, Jessica Biel and Penelope Cruz.

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