The Spanish-style home was part of a two-house-plus-guesthouse compound they listed more than two years ago at $12.5 million. The larger home sold last year for $7.32 million.
Stiller, 46, starred last year with Eddie Murphy in "Tower Heist." He'll star in the upcoming films "The Secret Life of Walter Mitty" and "Zoolander 2."
Taylor, 40, has starred in several films with Stiller, including "Tropic Thunder," "Dodgeball: A True Underdog Story" (2004) and "Zoolander" (2001).
Alan Long of Sotheby's Sunset office and Jonah Wilson of Hilton & Hyland in Beverly Hills were the listing agents. Lisa Hutchins of Coldwell Banker's Hancock Park North office represented the buyer.