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new bid has emerged for Sean "Diddy" Combs' sprawling Los Angeles mansion, with real estate investor Bo Belmont and his company Belwood Investments offering $30 million. This is significantly lower than the original asking price of $62 million in September and even less than what Diddy paid for it back in 2014.

    Belmont's bid may be an attempt to shift attention away from the property's negative associations and highlight its luxurious potential. However, industry insiders are skeptical about the seriousness of the offer, given the home's struggles to attract buyers due to its high price and controversial reputation.

    Belwood Investments has a history of purchasing high-profile properties at discounted prices, including Kanye West's Malibu beachfront house for $21 million, a significant markdown from its original price. Meanwhile, Diddy remains in custody facing serious charges, including racketeering and sex trafficking. His legal team recently secured a minor victory when a judge ordered the destruction of notes taken during a raid on his jail cell, citing concerns about trial strategy and witness credibility.