DeAndre Jordan Drops $5 Mil On New Malibu Beach Pad

You know you're rich when ... you just DOWNGRADED to a $5 million beach pad.

That's what L.A. Clippers superstar DeAndre Jordan just did -- the same day he sold his $11.75 million Pacific Palisades mansion, he scooped up another beach pad for more than half the price.

Jordan's new spot ain't too shabby ... a 4,600 square foot home with 5 bedrooms and 6 bathrooms in a private guard-gated community.

Movie theater? Check. Swimming pool? Yeah. Guest suite? He's got that too.

It's not like he can't afford the bigger spot -- DJ's in the middle of an $87 MILLION contract.

Enjoy the new digs!