Stephon Marbury Loses L.A. Home at Foreclosure Auction

Good thing Stephon Marbury“s making bank playing ball in China — because his L.A. mansion was just sold at a foreclosure auction.

According to new court docs, obtained by our sources, Stephon owed $3.1 million on the 7-bdrm 8-bath 8,000 sq. ft. L.A. property — and the house was just sold to a lucky buyer for $2.275 million.

The docs don”t say whether the bank plans to go after Marbury for the balance — or if this settles his debt.

Stephon just won a championship playing basketball for the Beijing Ducks in the Chinese Basketball Association — so it”s unclear if dude”s even aware this happened. If not, consider this a memo.

And can you believe it — it”s been nearly 3 years since Stephon went on the Internet and ate Vaseline in front of thousands of people. Those were the days.