The celebrity news website TMZ is reporting that rapper, producer, and Beats Electronics tycoon Dr. Dre has sold his Los Angeles home for $US32.5 million.
Dre bought the six-bedroom home in December 2011 for $US15.4 million through a trust, according to property records. He listed the property for $US35 million in June.
The mansion spans 9,696 square feet and overlooks downtown Los Angeles from the Hollywood Hills.
The music mogul bought Tom Brady and Giselle Bündchen’s Brentwood, California, home for $US40 million in May. His new house will have a moat, terraces, and an infinity pool.
Apple announced in May that it would buy Beats Electronics for a whopping $US3 billion. The rapper and entrepreneur is worth a reported $US800 million after the deal.
The gated home is in Hollywood Hills West, and it has 9,696 square feet with a wine cellar, library, and guesthouse.
Though there are still no interior shots of the home available, the original listing says the home has a double-height formal living room as well as a 'floating curved staircase.'
Business Insider Emails & Alerts
Site highlights each day to your inbox.