Diddy has put his Beverly Hills mansion – which was raided by Homeland Security in a suspected sex trafficking probe in March – on the market for a reduced price.
The disgraced rapper, 54, who was seen violently beating ex Cassie in a 2016 security video released in May, bought the home for $40million in 2014 and in July it was reported he planned to sell for $70million.
Now the lavish home – which boasts 13,000 square feet of living space and 1.3 acres of land is hitting the market for $61million, DailyMail.com can confirm.
Diddy’s neighbors include Kylie Jenner, Jimmy Iovine and Evan Spiegel – with the neighborhood known as ‘Billionaire’s Row.’
A source said Diddy – real name Sean Combs – had planned to sell the home before the Federal raids, saying: ‘Diddy established his primary residence in Miami years ago and always planned to sell his LA home once his daughters grew up and moved out.
Diddy has put his Beverly Hills mansion – which was raided by Homeland Security in a suspected sex trafficking probe in March – on the market for a reduced price- pictured 2018
The disgraced rapper, 54, who was seen violently beating ex Cassie in a 2016 security video released in May, is selling the home for $61million, DailyMail.com can confirm – after buying the property for $40million in 2014
‘He’s an empty nester and spends most of his time in Florida. It has nothing to do with any civil litigation or investigation.’
A description reads: ‘A grand cobblestone driveway leads to the completely remodeled estate, which features classic European design elements. The property boasts a luxurious paneled entry foyer with a sweeping staircase bathed in natural light, along with a large living room, formal dining room, wine cellar, office, and a gourmet kitchen with a family room and separate catering kitchen.’
The home features a 35-seat theater, a two-storey guest house, gym, basketball court and ‘resort-like swimming pool with a waterfall and grotto.’
The listing will come up on the real estate world’s Multiple Listing Service on Monday.
In July it was claimed the star was trying to sell the home for $70million off-market – TMZ reported.
Sources told the publication Diddy ‘wants out of LA’ – and has been spending most of his time in Miami.
A source confirmed Diddy – real name Sean Combs plans to leave LA after the raid (pictured) – and has been spending most of his time in Miami
Police and agents are seen surrounding Diddy’s Miami home in March
Combs’ homes in Miami and Los Angeles were shockingly raided by federal agents as part of a sex trafficking investigation earlier this year. He is also fighting lawsuits from other accusers who allege sexual misconduct and abuse.
Combs’ sons, Justin and Christian ‘King’ Combs, were handcuffed during the raid at their father’s residence in Los Angeles.
Armed agents from the Department of Homeland Security entered luxury properties on both East and West Coasts of the United States, with video footage showing helicopters circling overhead.
The agents, who were wearing vests, gathered in the home’s backyard near the pool. Multiple officers were seen carrying bags and boxes of evidence to a van with assistance from police dogs.
A spokesperson for Homeland Security Investigations told DailyMail.com in a statement: ‘Earlier today, Homeland Security Investigations (HSI) New York executed law enforcement actions as part of an ongoing investigation, with assistance from HSI Los Angeles, HSI Miami, and our local law enforcement partners.’
‘We will provide further information as it becomes available.’
DailyMail.com contacted representatives for Diddy for comment at the time.
In February, a music producer filed a lawsuit alleging Combs coerced him to solicit prostitutes and pressured him to have sex with them.
Another of Combs’ accusers was a woman who said the rap producer raped her two decades ago when she was 17.
Combs and his attorneys have denied all of the lawsuits’ allegations.
The rapper is among the most influential hip-hop producers and executives of the past three decades.
Formerly known as Puff Daddy, he built one of hip-hop’s biggest empires, blazing a trail with several entities attached to his famous name.
He is the founder of Bad Boy Records and a three-time Grammy winner who has worked with a slew of top-tier artists including Notorious B.I.G., Mary J. Blige, Usher, Lil Kim, Faith Evans and 112.
A video of him viciously beating his ex Cassie Ventura came to light in May.
The rapper took to Instagram to apologize, saying: ‘I hit rock bottom, but I make no excuses. So difficult to reflect on the darkest times in your life, sometimes you got to do that. I was f***ed up.’
‘I mean I hit rock bottom, but I make no excuses, my behavior in that video is inexcusable. I take full responsibility for my actions in that video, I’m disgusted.’
‘I was disgusted then when I did it, I am disgusted now. I went and I sought out professional help, I got into going to therapy, going to rehab,’ he added.
‘Had to ask God for his mercy and grace. I’m so sorry. But I am committed to be a better man each and every day. I’m not asking for forgiveness, I’m truly sorry.’
Last year Diddy was sued by ex Cassie, who alleged she was trafficked, raped, plied with drugs and viciously beaten by Diddy on many occasions – but one day later, she and Diddy settled; pictured 2018
The rapper has been embroiled in legal troubles and sexual assault lawsuits, with a video recently obtained by CNN showing footage of him beating singer, Cassie, inside the InterContinental Hotel (seen above)
Sources said Diddy went to rehab following the 2016 incident and continues to seek both therapy and spiritual work.
The video, obtained by CNN, shows the rapper shirtless with a towel wrapped around his waist, chasing Cassie down the hall at the InterContinental Hotel in Century City.
As she tried to get into an elevator, he grabbed her by the back of the head and slammed her to the ground.
He then kicked her as she lay on the floor motionless, before grabbing the two designer bags she’d tried to escape with. Diddy stood over her, kicked her again, and then dragged her back to their room by the hoodie.
Cassie claimed in a since-settled lawsuit that Diddy had paid the same hotel $50,000 for the footage after the attack.
Cassie’s attorney Meredith Firetog, said: ‘Combs’ most recent statement is more about himself than the many people he has hurt.’
‘When Cassie and multiple other women came forward, he denied everything and suggested that his victims were looking for a payday.’
‘That he was only compelled to “apologize” once his repeated denials were proven false shows his pathetic desperation, and no one will be swayed by his disingenuous words.’
The apology comes after the LA County District Attorney said they would not be able to prosecute Diddy for the assault as the statute of limitations had passed.
California’s statute of limitations for simple assault is one year, though aggravated assault is three years. Based on the timeline, neither charge could be levied against Diddy.