*Ludacris is starting the year off with residing in a newly acquired home.
The LA Times reports the rapper ended 2013 with purchasing a home in Hollywood Hills for $4.8 million.
The move came as the rapper/actor sold his penthouse condo in West Los Angeles for $879,000, the paper confirmed.
The 5,854-square-foot home Luda bought features a master bedroom suite with dual bathrooms, dressing closets, a fireplace and a wet bar as well as a home theater, walls of glass, a wine cellar and an infinity-edge swimming pool. The residence, which was built in 1985, also includes four fireplaces, five bedrooms and 6.5 bathrooms.
As for the condos, two bedrooms and more than 2,000 square feet of living space. According to Trulia, the condo Lucdacris sold was purchased for $1.03 million by the rhymesayer in 2007.
Ludacris’ latest acquisition occurred as he gears up to release his latest album, “Ludaversal,” this year.