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Moving out! Katy Perry and Russell Brand’s Newest Divorce Drama

Back in October 2010, Katy Perry and Russell Brand were Hollywood’s newest eccentric “it” couple – newly married, crazy in love, and the most unstoppable entertaining duo. However, this too-good-to-be-true teenage dream was short lived. Sadly, and to (some of) our surprise, just 14 short months after saying “I Do” the couple parted ways when Brand filed for divorce on December 30, 2011 citing “irreconcilable differences.”

Since then, there has been an overload of rumors swarming the couple’s every move. The latest and greatest drama is surrounding which one of the two will be being forced to leave their $6.5 million dollar Hollywood mansion.

Is it Katy or is it Russell? Various reports have been claiming it could be either of the two. Although we’re not positive as to WHO is packing up and leaving, we do know a little bit about WHERE they’re headed: a leased or rented LA condo for $16,000 a month.

According to the real estate experts at Celebrity Address Aerials, this new soon-to-be bachelor or bachelorette pad is a 5 bedroom, 4.5 bath perched on the Hollywood Hills just a mere 3 miles from the couple’s previously shared $6.5 million dollar mansion. Located at the end of a private cul-de-sac, the 4,017 square foot home features hardwood and terrazzo flooring throughout, a very sleek and modern kitchen and beautifully lit living spaces with recessed lighting in every room. It’s very modern architecture includes glass walls and splashes of stone décor. The exterior includes a pool, spa, and a beautiful wooden terrace allowing for amazing views of the city.

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UPDATE: TMZ and the Daily Mail are reporting that Russell has moved out of the couple’s home and into the new bachelor pad.