Stereo’s Jason Lee has apparently sold his Los Feliz LA home at a loss of $300,000, according to a story in the Wall Street Journal.
Located in the Los Feliz neighborhood, the 2,200-square-foot home has three bedrooms and three baths. Situated on a 1½ acre lot with city views, the home, which was built in 1948, has a separate guest house, gardens and a private office. There’s a hot tub located off the master suite.
Lee reportedly bought the home in 2007 from bluesman Robert Cray for $3.4 million and has just sold it for $3.1. In “these economic times” it could have been much worse.
[Link: Wall Street Journal]