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Sean Combs’ Former Beverly Hills Home Back on the Market for $10.4M

Sean Combs’ Former Beverly Hills Home Back on the Market for .4M

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If you want to live like a true baller, consider the posh gated mansion in Beverly Hills, CA, on the market for $10.4 million. Once the digs of Sean “Diddy” Combs, the home was sold by the hip-hop mogul back in 2001 for $2.3 million.

Built in 1998, the estate is located in a highly sought-after guard-gated neighborhood. It has bounced on and off the market over the years since and was the focus of celebrity gossip.

In 2013, we reported that the home was on the market for $10.4 million—the asking price listed now, five years later. At that time, it had been completely gutted and remodeled, and was being offered with everything in it, including the furnishings.

In 2015, TMZ reported that superstar boxer Manny Pacquiao had picked up the property—and everything in it—for $12.5 million. But the current listing agent, Elsa Nelson, confirms that the sale to Pacquiao fell through when the pugilist ultimately backed out. After the deal was TKOd, the owners decided to stay put.

Three years later, those owners have put the place back on the market with even more improvements. The “reimagined” estate is sumptuously luxurious, but still manages to be fun and casual. The layout features seven beds, eight baths, and an expanded gourmet kitchen, family room, and bar that open to a “resort-style” backyard with infinity-edge pool, spa, and multiple patios. 

Diddy’s former Beverly Hills home

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The living space opens to the outdoors.

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Open kitchen

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Home theater with wet bar

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Resortlike grounds with pool

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Other luxe features include a master suite with three closets and a private balcony. The home theater is “spectacular,” and includes a wet bar and hot dog machine.The gated estate also features a large motor court for “ample” parking. There’s a distinct possibility that P. Diddy will not be the last A-lister to call this place home.

“It would definitely attract celebrities and people who guard their security,” Nelson says. “It’s one of the few gated communities in West L.A.”

The listing description also notes that the purchase could be an “investment property,” meaning that it could actually be rented. The HOA requires a minimum lease of 28 days. So yes, the home still requires the pocketbook of a mogul.

Diddy’s real estate holdings keep making headlines. He picked up reported $40 million newly built Holmby Hills estate. And he finally unloaded an Alpine, NJ, home after years on the market. Plus he sold off his two-bedroom condo in Manhattan after multiple price cuts last year.

Mo Money Mo Problems? Maybe not. With a fortune of $825 million, Forbes named Diddy the second-wealthiest hip-hop artist of the year, thanks to savvy investments in tequila and cable TV. And quite possibly, real estate.

The post Sean Combs’ Former Beverly Hills Home Back on the Market for $10.4M appeared first on Real Estate News & Insights | realtor.com®.

Source: Real Estate News and Advice – realtor.com » Real Estate News

Tags: real estate

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