Diddy is preparing to leave Los Angeles and is looking to
sell his Holmby Hills mansion for a substantial profit.
Sources with direct knowledge told TMZ that the music executive is attempting to sell the property off-market for around $70 million, significantly higher than the $40 million he paid in 2014.
The mansion holds some unpleasant memories for Diddy. In
March, Homeland Security raided the home, ransacking it and removing
electronics and other items as part of an investigation into human trafficking
and other crimes.
Diddy has expressed a desire to leave L.A. and has no plans
to purchase another property in the area. Though he visited L.A. briefly last
month, he has been spending most of his time in Miami. Over the weekend, he was
spotted river rafting in Jackson Hole, Wyoming.
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