Tour an over-the-top seven bedroom and eleven bath mansion in LA which includes a Kobe-Bryant-themed basketball court, car showroom and a 70-foot infinity pool that appears to float some 45 feet above the mountainside. The owner of the 16,700 sq ft home is prepared to lose millions when he sells it. He bought the home about two years ago for $44 million he’s now asking just $38 million for it. So in the best case scenario where he gets a deal for the full asking price, he’ll lose $6 million on the home. CNBC’s Ray Parisi takes you on an exclusive tour with listing agent Dan Malka of Ikon Advisors.

Here’s the full story on why the owner of this LA mansion may have to take a multi-million dollar loss on its sale:

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Inside An Outrageous $38 Million Mansion | CNBC Prime

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