Entertainment

Owning too many villas, LeBron James reduces the price of selling old houses

Those who intend to buy a home in California should pick up the phone and give LeBron James an hour. An affordable home is waiting for you.

Before entering the 17th All-Star game of his career, LeBron James decided to put his house up for sale in Brentwood, California. The LA Lakers star will definitely nod at the price of “only” $ 20.5 million, $ 400 thousand less than the amount he used to spend.

LeBron bought this property in 2015. The 869 square meter villa has 6 bedrooms, 8 bathrooms, movie theater, gym, swimming pool and a standard basketball court right near the garage. This is also a rare capital loss investment of the 36-year-old star.

Outside the LeBron James villa for sale

James’ first home in the city of Brentwood was located on the famous Rockingham Street, not far from the former home of football star OJ Simpson, where his ex-wife Nicole Brown was shot and 𝓀𝒾𝓁𝓁ed. This house of LeBron was also painted by extremists with the letter N**** on the entrance in 2017.

Right in the city of Brentwood, the 4-time NBA Champion also has another mansion located on Hollywood Hill, nearly 1,400 square meters wide. LeBron James bought the house for $23 million when he first joined the Lakers in 2018, but it’s worth $52 million today.

The house sometimes increased in price to $ 23 million, but the COVID-19 pandemic caused LeBron James a loss

Up to this point, LeBron James currently owns up to 4 villas at the same time, including 1 home in his hometown of Ohio, 2 houses in the city of Brentwood and the latest villa in Beverley Hills. Last July, the Lakers player spent up to $39 million to buy the mansion of legendary film producer Lee Philip Bell.

This is the second time the 36-year-old star has sold the villa. In 2014, after leaving the Miami Heat to return to the Cleveland Cavaliers, he quickly said goodbye to the Florida real estate.

The house was built in 2011

According to estimates, the total value of LeBron James’s assets has reached nearly 1 billion USD and promises to increase rapidly. In salary alone, he will receive from the Lakers approximately $125 million over the next three seasons.

Real estate is not LeBron James’s only investment. The 36-year-old star also poured money into the fields of entertainment, food, education … and most of them brought huge profits.

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