Inside LeBron James' new Beverly Hills mansion after $37 million home was demolished

LeBron James' third home in Los Angeles, a 13,000-square-foot house in Beverly Hills, closed this week. The asking price of $39 million was slightly higher than the $36.75 million he paid.

The property was originally owned by the estate and was built in the 1930s. For his work with the late William Bell on the serial operas The Young and the Restless and The Bold and the Beautiful, Lee Phillip Bell, who died earlier this year, became well-known. The home was once owned by actor Charles Boyer and Howard Hughes, who leased it to Hughes's ex-lover Katharine Hepburn.

The house has a movie theater and tennis court, four bedrooms, seven bathrooms, and two guesthouses. It features views of both Beverly Hills and the Pacific Ocean and is situated on 2.5 acres. It seems likely that James will tear down the house and build a large new estate.

This is a great time to be a seller in Los Angeles. According to Zillow, the median home value rose 7.4% in the previous year. Over the next 12 months, the group anticipates a further 5.9% increase.

Look down at an interior inspection of the property. For as long as it stays upright, at least.