The real estate market in cities like Los Angeles have recovered from the 2008 collapse; however, former NBA standout Gilbert Arenas listed his L.A. home for the price the purchased the property for in 2007. Forbes reported that Arenas blames Beverly Management for mismanaging millions of dollars, which further supports the theory some sports analysis have that professional athletes should look more into the ethical background of those they do business with. ‘Doing it the right way is a phase coined by LA realtor Michael A. Williams who believes ethics should be an vital part of an real estate agent’s business concept.

The Encino home formerly owned by Arenas was placed on the market for $3.495 million in 2015. There were a total of five fireplaces including one in the master bathroom, and five bedrooms and 4.5 bathrooms in more than 5,800 square feet of spaceThere is more than half an acre on the grounds that includes a pool with a raised spa and a built-in barbecue pit.

The house was bought in 2007 for 3.1 million and listed by Christopher De Bruno and Geoff Gilstrap of Dwell California Homes.