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Published 19:11 IST, October 1st 2020

LeBron James purchases another lavish Beverly Hills mansion for $36 million

According to multiple reports, Los Angeles Lakers star LeBron James has recently bought a new and lavish million-dollar mansion in Beverley Hills.

Reported by: Devika Pawar
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LeBron James
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For months, there were rumours about Los Angeles Lakers icon LeBron James planning to buy his third mansion in Beverley Hills, LA. The rumours first started swirling after an online inquiry made by the three-time NBA champion on a mansion worth $52 million. However, recent reports suggest that James has bought a mansion in Beverley Hills worth $36.8 million.

Also read |  LeBron James new mansion: LeBron James buys $52 million house in LA?

LeBron James buys Beverley Hills mansion worth $36.8 million

This week, LeBron James finalised the deal to buy his third house in LA. As per reports, the Akron native paid $36.75 million for the mansion. The house is a 13,000-square-foot mansion and was previously worth $39 million. 

Also read | LeBron James net worth, annual salary, accomplishments and LeBron James house

Reports in June spoke about LeBron being interested in buying the very same mansion, which belonged to Lee Phillip Bell – who passed away earlier this year and was known for soap operas like The Bold and the Beautiful. The house was built in the 1930s and has four impressive bedrooms, seven bathrooms and two guesthouses. Additionally, it comes with a tennis court and movie theatre, sitting on a 2.5-acre piece of land. 

The house was also owned by Charles Boyer and Howard Hughes. Hughes, as per Forbes, leased it to his ex-lover Katharine Hepburn. Reports also add that the four-time NBA MVP is likely to build a new house on the prime property. As per Zillow, house values in LA went up 7.4%, while a 5.9% climb is predicted. 

Also read | LeBron James purchases 2.5-acre Beverly Hills mansion worth $39 million: LeBron James new mansion

James currently lives in the LA mansion he purchased in 2017. The mansion is a 15,836 square-foot property which includes eight bedrooms, a huge walk-in closet, 11 bathrooms designed with contemporary fittings and a private patio. James' current house is often seen in the videos he posts on Instagram, along with his daughter Zhuri's YouTube channel. James also owns another property in Brentwood, which he bought before this mansion.

LeBron James net worth

As per Celebrity Net Worth, the Lakers star is worth $480 million. Currently, James is signed with the Lakers under a four-year, $153 million contract. James, along with Cindy Crawford, Arnold Schwarzenegger and Lindsey Vonn launched the wellness company Ladder in 2018. Most recently, James and his business partner started a production company called SpringHill Entertainment. They already own Uninterrupted, which is their own media company. James also owns 19 Blaze Pizza franchises in Chicago and South Florida.

Also read | LeBron James new million LA mansion boasts 7 fireplaces, pool house & tennis court: LeBron James house

(Image credits: LeBron James Instagram)

(Disclaimer: The above information is sourced from various websites and media reports. This website does not guarantee 100% accuracy of the figures.)

Updated 19:11 IST, October 1st 2020