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LeBron James Pays $36.8 Million for Katharine Hepburn’s Former Beverly Hills Compound
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LeBron James Pays $36.8 Million for Katharine Hepburn’s Former Beverly Hills Compound

Although the deal was extensively reported in July, it's only today -- fittingly, near the end of a fantastic Lakers season -- that LeBron James has finally closed on his $36.8 million residential upgrade in the 90210, a multi-structure compound packing fantastic views and a storied, only-in-Hollywood

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Although the deal was extensively reported in July, it’s only today — fittingly, near the end of a fantastic Lakers season — that LeBron James has finally closed on his $36.8 million residential upgrade in the 90210, a multi-structure compound packing fantastic views and a storied, only-in-Hollywood pedigree.

Built in the 1930s, the colorful Mediterranean-esque villa was owned for years by Charles Boyer, an Oscar-nominated leading man actor of that era who starred in a number of black-and-white classics, among them “Conquest” and “Algiers.”

In the late ’40s, Boyer and RKO Pictures, one of the big five Hollywood studios at that time, terminated the actor’s contract. As part of an unusual settlement negotiation, the studio agreed to buy out Boyer’s interest in his 2.5-acre estate; because RKO was owned at that time by Howard Hughes, the reclusive billionaire became the technical owner of the Boyer residence, though he never lived there. Instead, Hughes leased the palatial property to his ex-flame and longtime confidante Katharine Hepburn, who occupied the mansion during the height of her career.