After first bouncing onto the market with a $20.5 million asking price about six months ago, LeBron James has officially sold his Brentwood Park mansion, one of two Brentwood estates he owns. Records reveal the property, which hasn’t been occupied by the NBA superstar for several years, went for $19.6 million in an off-market deal to Hon “Alexander” Shing, founder of the privately-held, L.A.-based real estate investment firm Cottonwood Management.
The sale netted King James a lot of money, but it’s also a technical loss — a whopping $1.4 million less than the $21 million he paid for the place nearly six years ago, back in October 2015, when he was still serving it up for the Cleveland Cavaliers.
Nestled on over a half-acre parcel in the affluent Brentwood Park neighborhood — on the same Rockingham Drive that was made infamous by O.J. Simpson all those years ago — the walled and gated estate was built in 2011, and includes a traditional white brick and stone mansion offering views of the surrounding hills.