Located on the beach in Malibu – well, really upwards Beachfront – Built in 1993, this 3 storey, 6 bedroom, 7 bathroom property totals 820 sq ft2 living space. The owner: a certain Andre Romell Young, … better known as rapper and hip-hop producer Dr. dr
Location, location, location. Nevertheless, Dr. Dre from his vacation home, which he had used for over twenty years. The villa is for sale.
For 20 million dollars.
Come on! here go to the sales ad.
But even if the house sells at a hefty discount, Dre can still expect an impressive profit. He bought the property in 2000 for about $4.8 million; in the 22 years since, real estate prices in Malibu have skyrocketed.
The house has floor to ceiling windows, a large courtyard, garages, foyer, larger living rooms with stone fireplaces, sliding glass doors to a beachfront balcony, spacious kitchen, carpeted bedroom (again with fireplace) with sitting area and private balcony, another bedroom with sauna, an executive office, a recording studio, a huge gym and five guest rooms.
It’s not the first time Dre has tried to sell this property. Ten years ago, the property was briefly up for sale, with asking prices ranging from $11 million to $12.5 million. But no sale took place. Most recently it was used as a primary residence by his ex-wife Nicole Young.
In December 2021, Dre and Young agreed to a divorce settlement. He would have paid her a $100 million lump sum but kept all the homes he bought during his marriage — including the Malibu mansion pictured here, two mansions in Calabasas in the San Fernando Valley, and a $40 million estate in Brentwood in West Los Angeles, which he bought from Tom Brady and Gisele Bundchen. The latter must remain his place of residence.
The rapper recently sold one of Calabasas’ mansions (just days after closing a deal that saw him sell a bundle of music income and assets to Universal Music and Shamrock Holdings for a total of $200 million). This chic property in the San Fernando Valley went for 6 million – more than 1 million more than the purchase price from 2018:
Six bedrooms and seven bathrooms on almost 88 square meters2 square meters of living space on two levels and a garage with space for eight vehicles.
Sold for 6 million: Dr. Dres Villa in Calabasas CA
Dr Dre’s current net worth is estimated at $400 million, according to Forbes.
Architecture, real estate and the like – one can dream
Soource :Watson
I am Amelia James, a passionate journalist with a deep-rooted interest in current affairs. I have more than five years of experience in the media industry, working both as an author and editor for 24 Instant News. My main focus lies in international news, particularly regional conflicts and political issues around the world.
