LeBron James is willing to take a loss to sell his Brentwood mansion and here’s why

LeBron James is bidding farewell to his expansive colonial-style residence in Los Angeles and is willing to part with it at a slight loss.

The NBA icon, aged 36, recently placed his Brentwood property on the market for a staggering $20.5 million, despite having initially purchased it in 2015 for $20,986,500.

This grand abode boasts an impressive 9,440 square feet of space, comprising six bedrooms and seven bathrooms.

Constructed in 2011, the gated estate is nestled in the prestigious Rockingham Rim neighborhood, sharing a street with the former residence of O.J. Simpson during the tragic events involving Nicole Brown Simpson and Ron Goldman.

The property has undergone updates and modern amenities have been seamlessly integrated into its design.

Take a virtual tour to explore the interior of the home where King James resided upon his arrival in Lakers City.

Occupying half an acre, the property offers picturesque views overlooking the Holmby Hills.

A remarkable 20-foot-long lap pool accompanies a spa and a pool-side cabana, creating an ambiance akin to a luxurious resort.

Within the home, notable features include an expansive master bathroom equipped with a terrace and two walk-in closets.

The house encompasses two family rooms with an open floor plan and boasts four masonry fireplaces.

Additional amenities encompass a media room, playroom, gym, and mudroom.

The residence also boasts a refined wood-paneled library, an elevator, and a three-car garage.

The kitchen flows into a generous breakfast area, which in turn leads to a loggia featuring heaters on one side and a family room on the other, offering a delightful blend of indoor and outdoor living.

The family room extends to an outdoor dining area, perfect for hosting dinner parties.

Notably, LeBron James has since upgraded to a Mediterranean-style mansion in Beverly Hills, valued at $36.75 million and previously owned by Katharine Hepburn. Furthermore, he retains another Brentwood residence, acquired in 2017 for $23 million.