Diddy‘s obtained a proposal on the desk for his L.A.-area mansion … with a significant realtor and his firm providing $30 million for the pad — a fraction of the asking worth.
Bo Belmont and his firm, Belwood Investments, introduced they’ve put in a proposal for the property, which Diddy purchased again in 2014 for only a hair below $40 million.
Belmont says he needs to take away the stigma from the 17K-square-foot residence … and focus folks’s consideration on how stunning the precise property is.
Instagram / @belwoodbo
Value noting … it is not clear precisely how critical this supply is — ‘trigger Diddy listed the house in September for round $62 million. This $30 million opening salvo is properly under what he needs for the home.
TMZ.com
That mentioned, Diddy’s home hasn’t attracted a lot consideration from potential consumers … with actual property sources telling us potential consumers suppose the home is overpriced and has an “ick issue.”
Belwood Investments is used to creating large purchases of celeb houses for pennies on the greenback. The identical firm purchased the beachfront Malibu property Kanye West gutted … for $21 million in September, although Ye initially paid simply over $57 million in 2021.
Clearly, actual property in all probability is not on the forefront of Diddy’s thoughts. He is nonetheless doing time in MDC Brooklyn whereas awaiting his trial on expenses of racketeering conspiracy, intercourse trafficking by pressure, fraud or coercion, and transportation to interact in prostitution.
Simply yesterday his staff scored a authorized victory … with a decide commanding prosecutors to destroy notes confiscated in a jail cell raid earlier this month.
We have reached out to Diddy’s staff concerning the supply … thus far, no phrase again.
The post Diddy’s L.A.-Space Mansion Will get $30M Supply From Purchaser of Ye’s Malibu Home appeared first on Allcelbrities.