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Josh Flag not sold Diddycurrent listing for his Los Angeles-area home… noting that the mansion has a number of hurdles to overcome — especially after the recent “Freak Offs” allegations.
We caught up with the “Million Dollar Listing” star on Melrose Place in Los Angeles, where he offered his professional opinion on the real estate market for Diddy’s Holmby Hills home, which was listed for more than $60 million earlier this month.
As Josh said…the list price is very highsuggesting that $50 million would be a smarter price for the mansion.
Josh also recommended that the real estate agents handling the property keep Diddy’s name and image out of the home’s marketing materials… given the rapper’s current situation. sex crime case in New York.
TMZ previously reported the story… Diddy was arrested Monday night at the Park Hyatt in midtown Manhattan — where the A-lister was residing. On Tuesday, the Bad Boy Records founder was sentenced to be held without bail after being charged with sex trafficking, racketeering conspiracy and transportation to engage in prostitution.
The indictment saw Diddy charged with a number of serious crimes, including forced labor, narcotics offenses, kidnapping, arson, bribery and obstruction of justice.
Prosecutors also accused the rapper of organizing “Freak Offs,” alleged drug-fueled sex parties that lasted for days on end.
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When asked if the alleged antics inside the house could hurt the listing, Josh joked… “I think someone’s going to need to put a big black light in that house.”
Good advice, by the way.