This week, LeBron James closed on his third Los Angeles home, a 13,000-square-foot house in Beverly Hills. He paid $36.75 million, which was somewhat lower than the $32 million asking price.
Built in the 1930s, the estate originally owned the site. Lee Phillip Bell, who died earlier this year, was well-known for his work with the late William Bell on the soap operas The Bold and the Beautiful and The Young and the Restless. Former owners of the mansion include actor Charles Boyer and Howard Hughes, who leased it to Katharine Hepburn, Hughes’ ex-lover.
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In addition to two guesthouses, four bedrooms, and seven restrooms, the residence features a tennis court and movie theater. It features views of both Beverly Hills and the Pacific Ocean and is situated on 2.5 acres. James is probable to demolish the residence and construct an expansive new estate.
In Los Angeles, now is an excellent moment to be a seller. A year ago, the median home value increased by 7.4%, as reported by Zillow. The organization foresees an additional increase of 5.9% over the next twelve months.
Observe an interior examination of the property below. At least for the time being that it remains upright.
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