LeBron James’ third Los Angeles home, a 13,000-square-foot house in Beverly Hills, closed this week. Just slightly less than the $39 million asking price, he paid $36.75 million.
Constructed during the 1930s, the estate previously held the property. Lee Phillip Bell, who passed away earlier this year, gained widespread recognition for his collaboration with the late William Bell on the serial operas The Bold and the Beautiful and The Young and the Restless. Former proprietors of the mansion included actor Charles Boyer and Howard Hughes, who leased it to Katharine Hepburn, the ex-lover of Hughes.
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The home has a movie theatre and tennis court in addition to four bedrooms, seven bathrooms, and two guesthouses. Situated on 2.5 acres, it offers views of both the Pacific Ocean and Beverly Hills. James is likely to tear down the house and build a large new mansion. This is a great time to be a seller in Los Angeles. According to Zillow, the median property value rose by 7.4% a year ago. The company anticipates an extra 5.9% increase in the upcoming year. Look below for an interior inspection of the property. If it stays upright for the time being, at least.
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