Rachel Bilson: Oscar Party Princess!

Rachel Bilson leaves her home wearing a gorgeous Zac Posen gown as she heads out to various Oscars parties in Hollywood on Sunday (March 7).

RB accessorized with a Vintage cape, a Vera Wang cuff and a Cecelia white python convertible clutch.

The 28-year-old former OC actress has recently been seen around town attending meetings for future projects. What does RB have up her sleeve?

Check out the red 3.1 Philip Lim handbag she’s been toting everywhere!

10+ pictures inside of Rachel Bilson, the Oscar party princess…