Superstar producer Antonio Marquis “L.A.” Reid has re-listed his Bel Air mansion for $21.5 million.
For the third time, L.A. Reid, is trying to sell his massive seven-bedroom Los Angeles property, which was built in 2014 and upgraded with improvements with his own personal touches, Realtor reported.
Off and On the Market
The mansion recently came off the market in December 2022 after the record mogul failed to find a buyer, at the time he dropped the property’s price to $21.9 million, The Dirt reported.
There seem to be some contradictions in the mansion’s reported specifications, but LA Reid’s Bel Air home seems pretty massive.
The original listing for the 11,246-square-foot home was $22.9 million in 2019. Reid bought the home for $18 million in 2016.
Inside the Mansion
The mansion has three levels, a staircase that illuminates with lights under the stairs, a dining room that features a spectacular chandelier, a permanent round table that seats 10 people, and a spacious kitchen.
The Dirt reported that there are seven bedrooms and 8.5 bathrooms. One bathroom is reportedly a luxury bath with a soaking tub, glass-enclosed shower and sauna, states that L.A. Reid added such amenities as a gym, a crimson movie theater with wet bar, a 300-bottle wine cellar, four fireplaces, and an elevator.
In addition to a spas and sauna, the mansion has an entertainment area sporting a fireside conversation pit, another kitchen and bar, and hot tub. The parking area, which is reported to be subterranean, holds up to four vehicles in its garage.
Inside Reid’s Wealth
Reid is best known for his work in the music industry, particularly as the co-founder of LaFace Records, which he started with singer-songwriter Kenneth “Babyface” Edmonds in 1989.
Reid, whose net worth is estimated to be $300 million, will be launching a new record label with Usher, according to the R&B singer. Usher will he the new label’s the first signee. No other details have been released about the venture.
Reid’s career in the music industry began in the 1980s when he worked as a drummer and producer for the R&B group The Deele. He later went on to produce and write hit songs for various artists such as Whitney Houston, Boyz II Men, Mariah Carey, Toni Braxton, and Usher, among others.
Reid has also held various high-level positions in the music industry, including serving as the Chairman and CEO of Island Def Jam Music Group, Arista Records, and Epic Records. He has won numerous awards throughout his career, including several Grammy Awards, and has been inducted into the Songwriters Hall of Fame.