Celebrity boxer Manny Pacquiao has sold their family's Mediterranean-style home in LA for $2 million or P111.5 million in the current dollar-to-peso conversion rate. Although it looks like a lot to most people,  it's  lower than what he bought it for in March 2009 at $2.17 million

"(Pacquiao) is finally finished with his fight in the bruising world of SoCal real estate. And we’ve gotta say, the champ lost on points in this bout," listings website realtor.com said in an article reporting the sale.

Records show that Pacquiao has tried unsuccessfully to list his LA property at a higher price several times. He listed it for sale in 2013 and 2014 at $2.7 million and again in October 2021 for $4.5 million.

The Pacquiaos' five-bedroom, 5.5-bathroom house has been featured in several Philippine magazines and on  " MTV Cribs."

"This is a stunning 2-story celebrity home built in 2008 and located in the highly desirable area of Hancock Park. It features a luxurious entry with 22-foot high ceilings and an extravagant kitchen with Grand Ceaserstone Isle, Miele & Bosch appliances, a floating glass hood, and a built-in coffee bar. With a spacious master bedroom and a balcony overlooking the pool," another realty website noted in its description.

The home was reported in January 2019 to have been burglarized by unidentified men after it was left unattended. The series of burglar attacks was reportedly why the Pacquiaos wanted the house sold. They are also selling their Forbes Park mansion for more than P2 billion.

After his loss to President Ferdinand Marcos Jr. in the 2022 elections, Pacquiao has been busy with his usual endorsements and preparing for a possible return to the ring.

Recently, he entered into a "groundbreaking partnership  with Times Education Holdings for several projects in the Philippines, especially in the field of "providing education and employment, especially in the rising aged care industry in Australia."

During the launch event at Fairmont Hotel in Makati City, the former Philippine senator said:  "It warms my heart to share that this company is already teaching Filipino students to become the next leaders in aged care roles. Their commitment to our kababayans is why I have chosen to affiliate myself with Times Education."

Times Education CEO  Charles Shiao said they aim to build a retirement resort village and residential care center 13 kilometers north of Perth CBD in Australia, offering elderly care and services under the National Disability Insurance Scheme (NDIS).   Potential investors to Times Education are assured of security and value for their investment, as it has delivered training to over 35,000 students and operates seven colleges and 12 campuses in Sydney, Brisbane, and Perth.   It has more than 124 vocational courses, two higher education diplomas, and English language proficiency courses.

Aside from the elderly care village, among the plans lined up by Times Education is the creation of a "Pacquiao Sports Academy," which will be a premier institution for sports education, with coaching and certification programs in a variety of programs, including boxing, tennis, basketball, and golf within the Australian education framework.