Kate Walsh Divorce -- House Is a Big Zero

4/29/2009 1:28 PM PDT
Here's the house that has triggered the epic fight in the divorce between Kate Walsh and Alex Young. Alex wants to know how much money he should get from the property. But here's the deal -- they bought it for $4.95 mil in 2007 -- but It's now only worth an estimated $3.6 mil. So according to our math, Alex is SOL.

By the way ... Kate put down the lion's share of the down payment and he left her with the mortgage and the bills.