Diddy Drops $40 Million On Renovated L.A. Mansion

Diddy just bought this mansion in the Holmby Hills area of L.A. for a whopping $40 million! The previous owner only paid $13.7 million for the pad, but it was completely renovated six months prior to the music mogul's purchase. These photos show what the place used to look like!

The 17,0000 square foot estate boasts 8 bedrooms and 11 bathrooms, as well as a 3,000 square-foot guesthouse with 3 bedrooms and 3 bathrooms. The rapper must love a good pampering session, because there is also a "spa" house complete with a steam room, massage room, and beauty salon.

The gated European-style villa sits on approximately 1.33 acres, and there are sprawling lawns, shaded walking trails, and a variety of trees and flowers on the grounds. Time for a white party housewarming! He's got a new crib!

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