Michael B. Jordan, star of “Creed,” is putting his Los Angeles home on the market for $12.995 mιllιon, according to listing agent Andrew Mortaza of The Agency. The “Creed” star purchased the property in May 2022 and spent nearly $500,000 improving its security and air conditioning systems.

According to Mr. Mortaza and his colleague Bryan Castaneda, who are listed on the property, the eight-bedroom, nearly 12,300 square foot mansion is situated in Encino’s exclusive Royal Estates area.

Mr. Jordan paid $12.51 mιllιon for the house in May 2022 and invested roughly $500,000 improving the air conditioning and security systems.

The mansion was built in 2021 and includes a gym with a hоt tub, a home cinema with a snack bar, a glass-enclosed wine room, and an elevator. There are two extra-large walk-in closets in the main bedroom suite. The largest “wow” effect for visitors is that, according to him.

According to Mr. Mortaza, the nearly half-acre property also includes a two-story guesthouse, a separate massage room, a pool, an outdoor kitchen, and a cabana with a fireplace. He claimed to not understand Mr. Jordan’s motivation for selling.

Later this year, Mr. Jordan, who starred in the “Creed” and “Black Panther” movies, will appear in “Creed III,” which he also directed. In addition, he helped start the marketing firm Obsidianworks.

According to the real estate agency Redfin, the median sale price in Encino was roughly $1.18 mιllιon in November, a 6.2% decrease from the same month in 2021.

Source: gold.newspaper24hr.com