LeBron James Sells Lavish California Mansion at a Whopping $1.4 Million Loss

Published 09/19/2021, 7:30 AM EDT

LeBron James is one of the best players to grace the game of basketball. He is one of the richest athletes in the world, thanks to his massive contract and endorsement deals. With a player of the stature of LeBron, many would wonder how many properties the four-time NBA champion has. LeBron has owned several properties in his career due to his movement throughout his NBA career.

However, LeBron has recently sold his lavish mansion in Brentwood Park, California. James bought this mansion in 2015 when no one had even a small clue that he would move to the Lakers.

Article continues below this ad

However, as LeBron didn’t live in the LA mansion for a long time, so he decided to list it for sale for $20.5 million. That is $500,000 less than what he paid for the mansion in 2015. But LeBron has finally sold the Brentwood Park mansion.

LeBron James sells his Brentwood Park mansion

LeBron James has finally sold his Beverly Hill mansion, five years after buying it. The mansion has been sold for $19.6 million, which is a $1.4 million loss for him as he bought the property for $21 million in October 2015. James has sold the mansion to Hon ‘Alexander’ Sing, founder of Cottonwood Management, an LA-based real estate investment firm.

Article continues below this ad

Where Does Lebron James Live? All That We Know About His Massive and Luxurious Villa

LeBron James bought this mansion in October 2015, when he used to ply his trade with Cleveland Cavaliers. After helping the Cavaliers win their first NBA championship, LeBron joined the Lakers in 2018. But despite that, LeBron did not use the Brentwood Park mansion and decided to sell it.

The mansion is built over a space of half an acre in the Rockingham Drive neighborhood. It is the same neighborhood that was made famous by O. J. Simpson. The mansion was built in 2011 and has 9,000 square feet of living space. It is a two-storied mansion and is a well-gated property surrounded by hills. The mansion also boasts beautiful ground, a grassy lawn, and a spa. James’ family hasn’t lived here since at least 2017, when they bought another mansion in the Brentwood region.

Article continues below this ad

WATCH THIS STORY: A Tour Inside LeBron James $23 Million Gigantic Mansion in LA

SHARE THIS ARTICLE :

Written by:

Abhishek is an NBA writer at EssentiallySports with over two years of journalistic experience with Chase Your Sport and Dribl. A Football Management graduate, he has previously interned in the Indian Super League, I-League and the AFC Champions League. In addition to being a Michael Jordan fan, Abhishek is an ardent Steph Curry and Warriors guy, and believes they have a few more championships in store before the former retires.

LeBron James Sells Lavish California Mansion at a Whopping $1.4 Million Loss

LeBron James sells his Brentwood Park mansion

Trending

Shaq Makes Big Claim That Can End LeBron James’ Future With Lakers After Nuggets Series

Why Is Gabbie Marshall Not Invited to the 2024 WNBA Draft Despite Graduating From Iowa?

Is Dawn Staley Married? Details on South Carolina Coach’s Love Life and Special Bond With Lisa Boyer

Possible Shohei Ohtani Ban From MLB Has Shaq Questioning $700 Million Contract

Nate Robinson’s Tragic Situation Receives Genuine Moment of Empathy from Stephen A. Smith