‘S.W.A.T.’ Star Shemar Moore Sells L.A. Home at a Loss

variety.com:

Mark David After just about five months on the market, Shemar Moore has sold his longtime home in the affluent San Fernando Valley community of Encino, Calif., for $2.4 million.Built in 1963 and substantially updated since, the former fashion model and “Soul Train” host purchased the property a dozen years ago and first made it for sale in March at just under $2.6 million.

The price was subsequently chopped to $2.5 million before a buyer swooped in to scoop it up at a slight discount. Unfortunately for the “S.W.A.T.” series headliner, the sale price is $100,000 below the $2.5 million he paid for the ochre-colored and bougainvillea-accented Spanish-style house more than 13 years ago.