DiddyAn offer has been put on the table for his Los Angeles-area mansion … a major realtor and his company are offering $30 million for the vault, a fraction of the asking price.
Bo Belmont and his company, Belwood Investments, announced that they had submitted an offer on the property Diddy purchased in 2014 for just a hair under $40 million.
Belmont says he wants to remove the stigma from the 17,000-square-foot home… and focus people’s attention on how beautiful the actual property is.
Instagram / @belwoodbo:
It’s worth noting…it’s unclear how serious this offer is, as Didi listed the home for around $62 million in September.This $30 million opening salvo is way below what she wants for the home.
TMZ.com
Said Diddy’s house did not attract much attention from potential buyers … with real estate sources tell us Prospective buyers think the house is expensive and has the “ick factor”.
Belwood Investments is used to making big celebrity home purchases for pennies on the dollar.Same company bought a Malibu beach property Kanye West pocketed $21 million in September, though Ye was originally paid just over $57 million in 2021.
Real estate is apparently not at the forefront of Diddy’s mind. He is still serving time at MDC Brooklyn awaiting trial on charges of racketeering conspiracy, forcible sex trafficking, fraud or coercion and prostitution.
Just yesterday his team won a legal victory … with a judge ordering prosecutors to destroy records seized in a jail cell raid earlier this month.
We’ve reached out to Diddy’s team about the offer…no word back yet.
