L.A. Reid Buys Epic Mansion for a Cool $18 Million
Forget Trump, Antonio "L.A." Reid should write a book about making real estate deals after purchasing his new Bel Air-area mansion for nearly $10 million under the original asking price. The Epic Records chairman and former X Factor judge recently paid $17.99 million for a brand-new 11,200 square foot home that boasts seven bedrooms, 10 bathrooms, an infinity-edge pool, a home theater, a wine cellar with room for 300 bottles and an elevator to get you around. Completed in 2015, the mansion was originally listed for $27.5 million, though the price eventually dropped to $20 million. It was sold on July 21, according to its MLS listing.
The Los Angeles Times calls it a "modern tour de force" with a “voluminous floor plan set off by black granite walls, brilliant chrome accents and white oak floors.” The expansive home is laid out over one acre, with 2,820-square-feet of outdoor space that includes the pool, a spa, a baja deck, an outdoor kitchen and bar, and a large terrace balcony jutting off the second level. Top it off with city, canyon and ocean views and you've got a prime locale for countless potential a-list parties.