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Diddy's LA 'freak off' mansion may have found a buyer

Jami Ganz, New York Daily News on

Published in News & Features

Sean “Diddy” Combs’ Los Angeles mansion, with its alleged ties to his infamous “freak offs,” may have finally found a buyer — albeit one who’s offering much less than Diddy’s $62 million asking price.

Real estate mogul Bo Belmont announced Wednesday that his company, Belwood Investments, had put in an offer on the property for $30 million, according to TMZ.

Belmont said he hopes to“change the persona and the stigma” surrounding the 17,000-square-foot estate, and instead focus people’s attention on how beautiful it really is.

News that Belmont wants to purchase the 10-bedroom, 13-bathroom home comes in the wake of reports that Combs was struggling to find a buyer as he sits behind bars at Brooklyn MDC on charges of sex trafficking and racketeering.

The mansion is one of two homes owned by Combs that were raided by the FBI and Homeland Security earlier this year. The raids allegedly turned up “freak-off supplies,” including the now-notorious stash of baby oil.

“The property itself is stunning, yet it’s clear that the criminal allegations has impacted buyer interest,” a source told People last week. “There has been some overseas curiosity from high-profile international buyers, but no serious offers.”

 

The 55-year-old Bad Boy Records founder purchased the sprawling estate in 2014 for a little less than $40 million. He listed the property for $61.5 million in September— the same month federal authorities arrested the Harlem-born music mogul.

The offer reportedly made on Combs’ house comes two months after Belwood Investments spent $21 million on Kanye West’s Malibu beachfront property, which the embattled rapper bought for more than $57 million in 2021.

It’s unclear how serious Belmont’s latest offer is or whether he’s received a response from Diddy’s camp.

Belwood Investments did not immediately respond to the Daily News’ request for comment.

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