Ludacris Sells Condo at a Loss and Drops $4.8 Million On Modern Home Atop The Hollywood Hills

    Posted by Cristin  |  December 18, 2013  |  9:40 am  |  Tags: , , , , , , , , , , ,

    Wikipedia

    Ludacris

    Hollywood Hills, CA

    Most Known For

    Grammy-winning rapper and actor

    Home Stats

    5 bedrooms, 5 bathrooms, 5,854 square feet, infinity pool, views

    Price

    $4,800,000

    Ludacris just dropped $4.8 million on a spectacular modern home in the Hollywood Hills!

    Property records show that this new home is a major upgrade for the actor and rapper, who sold a penthouse condo for $879,000 the very same week he bought his new multimillion-dollar home in the hills.

    Ludacris took a serious hit on the condo he paid $1,030,000 for in 2007. After doing the math, it looks like Luda lost $151,000 on the sale.

    Don’t cry for Ludacris, though. He’s now living in an incredible modern home with panoramic city views. With 5 bedrooms, 5 bathrooms and nearly 6,000 square feet, he now has nearly every luxury amenity a buyer could dream of.

    His new magnificent master bedroom suite comes complete with dual baths, huge dressing closets, a steam shower, soaking tub, fireplace, wet bar and private balconies with head-on views of the city, the Hollywood Sign and snow capped mountains.

    The home is rounded out by an expansive home theater, infinity edge pool, volume ceilings, walls of glass, wine cellar, bar, separate maid’s quarters, two-car garage and off-street parking for up to seven additional cars.

    In addition to his recent Hollywood Hills purchase and condo sale, Ludacris has a second penthouse condo for sale in the same building as his former condo and it’s listed for the very same price – $879,000. He also owns a grand $2.8 million property in Atlanta, Georgia.

    Rande Gray of Keller Williams Hollywood Hills represented the seller and Maya Vander of Keller Williams Beverly Hills was Ludacris’ agent.

    Images via the MLS.