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Hot Property: Dr. Dre Moves His Money around LA’s Westside

Home Consumer
By Lauren Beale
June 23, 2014, 4 pm
Reading Time: 1 min read

Clive Davis And The Recording Academy's 2012 Pre-GRAMMY Gal(MCT)—Dr. Dre has popped his Hollywood Hills West home on the market at $35 million.

He’s selling because he recently dropped $40 million on the four-acre Brentwood estate of supermodel and actress Gisele Bundchen and her husband, New England Patriots quarterback Tom Brady.

The rapper closed on that compound two days after Apple Inc. officially announced it had acquired Beats, the company he co-founded with Interscope Geffen A&M Chairman Jimmy Iovine, for $3 billion.

The contemporary estate he just listed has 9,696 square feet of living space and includes a library/media room, a den, a wine cellar, six bedrooms and nine bathrooms.

There’s a guesthouse and a swimming pool on the three-quarter-acre lot, which has 300-degree views of the city, mountains and ocean.

In addition to co-founding Beats, Dr. Dre, 49, is the founder and chief executive of Aftermath Entertainment.

The Grammy winner and record producer bought the property in 2011 for $15.4 million. He has worked with Snoop Dogg, Eminem and 50 Cent, among others.

©2014 Los Angeles Times
Distributed by
MCT Information Services

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