LeBron James is willing to accept a slight loss in order to sell his massive, colonial-style Los Angeles mansion.

The 36-year-old NBA legend put his Brentwood home up for auction on Monday for an incredible $20.5 million. He paid $20,986,500 for the property in 2015.

There are six bedrooms and seven bathrooms in the roomy 9,440 square foot home.

Situated in the posh Rockingham Rim neighbourhood, the gated residence was constructed in 2011 and is situated on the same street where O.J. Simpson lived when he killed Ron Goldman and Nicole Brown Simpson.

The property has been modernised and is furnished with contemporary amenities.

See the inside of the house that King James lived in when he first came to Lakers City.

The backyard features an in-ground pool with a breathtaking panorama

The home’s exterior incorporates a lounge area

The 20-foot-long lap pool features a spa and poolside pavilion, all of which are reminiscent of a resort.

The master bathroom

The residence has a spacious master bathroom with a terrace and two walk-in wardrobes.

The formal living area

The home has two family spaces with an open floor plan and four fireplaces made of stone.

The kitchen

There are also a media room, a nursery, a fitness center, and a mudroom.

The library with built-in shelving and wood paneling

The residence also features a library with wooden walls, a lift, and a three-car garage.

A breakfast nook

The kitchen opens to a spacious breakfast area that provides access to a loggia with fireplaces on one side and a family room on the other.

The family room

The family room provides access to an outdoor dining area that is ideal for dinner parties.

The media room

The master bedroom with private terrace

In 2017, someone spray-painted a racial epithet on the home’s front gate, which made headlines.

A driveway with a basketball hoop

In October, James upgraded to a $36.75 million Mediterranean-style Beverly Hills estate. The residence was once owned by Katharine Hepburn.

Meanwhile, he still owns the $23 million Brentwood property he purchased in 2017.

James inked a two-year, $85 million contract extension to play for the Los Angeles Lakers in December. Prior to this change, he signed a four-year, $154 million contract with the team in 2018.