Amid ongoing controversy surrounding Sean “Diddy” Combs’ Los Angeles mansion, linked to notorious alleged “freak offs,” the property has attracted a $30 million provide — half its $61.5 million itemizing value, the “New York Post” reported Thursday.
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A Los Angeles mansion owned by Sean ‘Diddy’ Combs linked to the notorious “freak offs” he’s accused of internet hosting has attracted a $30 million provide — lower than half its $61.5 million itemizing value, the New York Put up reported Thursday.
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Bo Belmont, CEO of Belwood Investments, an actual property crowdfunding agency, submitted the bid with plans to remodel the property’s picture and aesthetics. In an announcement, the agency expressed its intentions to “remove the stigma” related to the property and “focus on the charming elegance of this remarkable property.”
Whereas Belmont’s agency has reportedly made the provide, there is no such thing as a indication that it has been accepted, and the property is at the moment nonetheless on the market.
Combs initially bought the Beverly Hills property in 2019 for $39 million. After the property grew to become the middle of controversy in connection to Combs’ ongoing intercourse trafficking case, he positioned it in the marketplace in September.
The positioning for Combs’ alleged “freak offs” was raided by FBI brokers in March as a part of their investigation, in accordance with the New York Put up. Reviews by Web page Six recommend that raids at this property and one other Miami mansion resulted in important injury.
Belwood plans to revive the property and restore the injury, stating “We intend major renovations and especially want to recapture the beautiful, bucolic setting of the outside grounds, with its picturesque trees, foliage and walkways.”
The 17,000-square-foot property options 10 bedrooms, 13 bogs and a two-story visitor home with a health club, recording studio and extra dwelling quarters, in accordance with the property’s itemizing. The mansion additionally boasts resort-style grounds with a swimming pool, spa home, basketball court docket and outside entertaining areas.
Regardless of the controversy, Belwood Investments sees the mansion as a worthwhile addition to its luxurious property portfolio, which already contains high-profile acquisitions comparable to a Malibu beachfront residence previously owned by Kanye West and the Hollywood Hills property of the late Invoice Withers, in accordance with Belwood’s assertion.
Located on 1.3 gated acres in Holmby Hills, California, Combs’ property is being proven completely to prequalified consumers, highlighting its conventional design with European influences and trendy upgrades.
E-mail Richelle Hammiel
