Sean John Combs, also known as Puff Daddy, P. Diddy, or just Diddy, has purchased a brand new mansion in Los Angeles’ Holmby Hills neighborhood for $40 million.
Completed this year, the European-style villa features approximately 17,000 square feet of living space in a two-story main house, a 35-seat theater, a gym and a wine room. Another building has an additional 3,000 square feet.
The more than 1-acre property includes a lagoon-style pool with a grotto connected by an underwater swimming tunnel.
The multifaceted hip-hop mogul has made his way to a fortune valued by Forbes at over $700 million by producing hit records and nurturing other talents such as Mary J. Blige and the infamous B.I.G. He later founded Bad Boy Records and began releasing his own music. He released his own album and launched the Sean John clothing line. The 44-year-old also works as a television producer and actor.
The Grammy winner’s new neighbors include the Playboy Mansion and F1 heiress Petra Excelstone Stunt.
Off-market purchases were made outside of the multiple listing service.
The seller was represented by Drew Fenton of Hilton & Hyland/Christie’s International Real Estate, a real estate agent not involved in the transaction and not authorized to comment on the transaction, and of Westside Estates. Agency agent Kurt Rappaport confirmed that he represents Kom.
Twitter: @LATHotProperty
