Basketball player LeBron James demolishes his $37m LA mansion to build his ‘dream home’

American basketball player, LeBron Raymone James, has demolished the $37million mansion that he bought in Beverly Hills so that he could build a new home in its place.

The Sun reports that James has acquired permits to build a home on the property.

The four-time NBA champion bought the mansion in September of 2020 for $2million less than the $39million asking price back.

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Built in the 1930s, the four-bedroom compound spanned across a 2.5-acre land with a view of both Beverly Hills and the Pacific Ocean.

It came with eight bathrooms, two detached guesthouses, seven fireplaces, a tennis court, a movie theater, a swimming pool, and a pool house.

A hedged-lined driveway led to a large motor court approaching the Mediterranean-style abode.

He also owns two more homes worth more than $20 million, both of which are located in Brentwood.