Real estate sources tell TMZ, the deal closed last week -- Selena threw down roughly $3 million for a 5-bedroom 7,200 sq. ft. Calabasas mansion, located minutes away from the Kardashian empire in Hidden Hills.
We're told Selena didn't have many demands while house shopping -- but she refused to budge on one thing ... the home could NOT be in The Oaks ... aka Justin Bieber's old hood.
Lucky for her, Bieber has since become a non-issue -- kid moved his 65-pound ass to Atlanta earlier this month.
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