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Serena Sells $12m Home To Buy $6.7m New Home

We now know why Serena Williams is selling her $12 million Bel Air pad -- she's downsizing!The tennis superstar just plunked down $6.7 million on a 6,000 square foot pad in a private gated Bev Hills community, according to Trulia.com.

The place looks awesome -- with 5 bedrooms, 7 baths, incredible view, dope backyard with a pool -- but still no tennis court.

Williams is selling a nearby home she owns for $12 mil. She bought that place a few years back for $6 mil.  So, she flips that house -- pockets $6 mil -- and buys a new dope house for half the price and probably in few years again,she sells it twice the price and keep pocketing the profit! Smart woman!

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