By Lauren Beale
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
Copyright© 2014 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.
Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com