Diddy listed his LA mansion right before he got arrested. The $61.5 million home might be a hard sell.
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- Sean "Diddy" Combs listed his Los Angeles mansion for sale a week before he was arrested.
- As his trial proceeds, the house is still on the market with the same asking price: $61.5 million.
- Cassie Ventura said "freak offs" weren't held there, but its link to Combs might still deter buyers.
Sean "Diddy" Combs is sitting in a Manhattan courtroom, facing off with his sexual abuse accusers at trial.
His mansion in Los Angeles, however, is sitting empty.
Combs listed the 10-bedroom, 13-bathroom mansion in LA's ritzy Holmby Hills neighborhood for $61.5 million a week before his arrest in September 2024Β β and it's unlikely to sell anytime soon.
His ex-girlfriend, the R&B singer Cassie Ventura, testified last week that Combs' South Mapleton Drive home was not used for any "freak offs," the dayslong sex performances that the trial centers on. In general, homes priced in the eight-figure range don't fly off the shelves that quickly. Still, most homebuyers are put off by its association with an accused sex trafficker, according to a consultant who specializes in selling homes tainted by murder or other disasters.
"When they buy a home at that price point, they like to brag about it," Michael Tachovsky, a partner at Landmark Research Group, told BI. "P. Diddy's reputation, at the current time, really isn't a positive bragging point for a potential buyer. It can play into perceptions, and when there's a negative perception with a property, it just makes it harder to sell."
Two Los Angeles-area real estate agents reached by Business Insider declined to go on record about Combs' property to avoid any association.
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Combs has denied all wrongdoing. The music tycoon has consistently argued that all sexual encounters were consensual. The defense also argues that any violence fell far short of sex trafficking and that his accusers have a financial motive to implicate him.
The listing agent, Kurt Rappaport, didn't return multiple requests for comment by email and phone. A rep for Combs and his lawyer also didn't return requests for comment by email.
The history of Combs' LA mansion
Combs purchased the property on Mapleton Drive in 2014 for just over $39 million, according to Los Angeles County property records.
The main house's architecture excludes European vibes and contains a formal dining room, a wine cellar, a theater that fits 35 people, a kitchen, and a separate catering kitchen. A two-story guest house has bedrooms, a gym, and a recording studio.
The grounds, over 1.3 acres, have an oversize statue of a woman seemingly made from similar material to a disco ball, plus a swimming pool with a waterfall and grotto, a basketball court, a spa house, and an outdoor loggia with a barbecue, bar, and pizza oven.
Other homes for sale on the same street are asking similar prices.
Jack Harris, a real estate agent with The Beverly Hills Estate, has an eight-bedroom listing on Mapleton Drive just a few doors down from Combs' house, priced at $62.5 million.
"You normally can't buy into Holmby Hills for less than $20 million β Mapleton being one of the most prestigious streets in Holmby Hills," Harris told BI.
"It's a little pocket that's right between Beverly Hills and Bel Air β there's only a handful of streets," he added.
Combs hosted parties at his house, including a 2017 Grammys afterparty.
REUTERS/Carlin Stiehl
Combs also owns a seven-bedroom, 14,800-square-foot home on Star Island in Miami, where Ventura said in court last week that "freak offs" did take place. He bought the home in 2023 for $14.5 million and satisfied the $18.8 million left on his mortgage in August of 2024 to sure up his proposed bond package.
In March 2024, law enforcement officials seized "narcotics and more than 1,000 bottles of baby oil and lubricant" from his Los Angeles and Miami residences.
A buyer could be drawn to the renovation potential
Real estate investor Steven "Bo" Belmon made a lowball offer of $30 million in November of 2024.
Belmont said in a press release that he planned to renovate.
"I want to remove the stigma and focus on the charming elegance of this remarkable property," Belmont said in the release.
Belmont is no stranger to controversial properties purchased at a hefty discount. In 2024, he bought Kanye West's abandoned Malibu mansion for $21 million, less than half of its original asking price of $53 million.
Tachovsky pointed to other properties where negative events have taken place that sold years after they hit the market for well below the asking price.
The ongoing legal battles will inevitably limit the pool of buyers, he added.
"At the moment, it doesn't sound like anything nefarious happened at the property, but I don't think there's any certainty yet," he said. "When you've got notorious issues, like the Diddy case, that's not a no-name person. That can linger for some time."