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

Published 09/19/2021, 7:30 AM EDT
Lebron James of USA during the Mens Basketball Preliminary Round, Group A match between USA and Tunisia as part of the 2012 London Olympic Summer Games at the Basketball Arena, Olympic Park, London, England, UK on August 31st, 2012. Photo: Gary Prior/Visionhaus (Photo by Ben Radford/Corbis via Getty Images)


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.

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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.

 

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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.

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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.

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GREENWICH, CT – JULY 08: (EXCLUSIVE COVERAGE) LeBron James attends the LeBron James Pre Decision Meet and Greet on July 8, 2010 in Greenwich, Connecticut. Proceeds from tonight’s 2.5 million dollar event will be donated to the Boys & Girls Clubs of America. (Photo by Larry Busacca/Getty Images for Estabrook Group)

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.

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

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Abhishek Singh

187 articles

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.

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