Leonardo DiCaprio Sells Malibu House for $10.3 Million

Leonardo DiCaprio Sells Malibu House for $10.3 Million

Leo DiCaprio has traded a big asset in his real estate portfolio for a big, fat check.

Leo unloaded his Malibu pad for $10.3 million. If anyone thinks the real estate market is cooling off … think again. The house went for $300,000 above the asking price.

Now, check this out … Leo bought the Carbon Beach home in 1998 for $1.6 mil.

Now, for those unfamiliar with the ridiculous California housing market, the house only has 3 bedrooms and 2 bathrooms. It’s 1,700 square feet and yes, your eyes didn’t deceive you — it sold for more than $10m!!! The house does come furnished and it sits right on the sand, but still …

Leo bought another house in Malibu earlier this year for $13.8 mil. He was renting out the one he just sold for $25k a month.

Oh, and if you wonder just how rich Leo is … he also owns a vacant lot in Malibu which he snagged for $23 million.

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