Irv Gotti, the iconic founder of Murder Inc. Records, has tragically passed away at the age of 54, following a stroke. His death, announced by his family on February 5, 2025, marks the end of an era for the hip-hop industry, where he made an indelible impact through his work with stars such as Ja Rule, Ashanti, and JAY Z. Gotti’s influence on music is undeniable, but his real estate portfolio reveals another layer of his remarkable life.
Gotti founded Murder Inc. in 1988 and quickly rose to prominence by introducing DMX to the mainstream. His contributions to the music scene include co-writing the chart-topping hit “I’m Real,” and he won a Grammy for co-producing Ashanti’s acclaimed album. As a visionary, Gotti transformed the industry and inspired countless artists.
Beyond his musical achievements, Gotti amassed an impressive collection of properties in California. In 2023, he acquired two stunning homes in Encino. The first property, a breathtaking estate covering over 10,000 square feet, features eight bedrooms and ten bathrooms. With a purchase price of $10.2 million, it boasts luxurious amenities, including a grand red velvet staircase, a wine cellar, and an extravagant backyard complete with a swimming pool and gazebo.
The second home, purchased for $4.8 million, spans 6,600 square feet and includes five bedrooms and five bathrooms. It is designed for entertainment and comfort, featuring an open living space, a chef’s kitchen, and a lavish primary suite with a private balcony and fireplace. The outdoor area is equally impressive, offering a pool, spa, and fully equipped outdoor kitchen.
Before these acquisitions, Gotti sold another property in Sherman Oaks for $1.85 million in 2021, showcasing his keen eye for real estate investment.
Irv Gotti’s legacy will not only be remembered for his groundbreaking contributions to hip-hop but also for his remarkable lifestyle and real estate ventures. His untimely passing leaves a significant void in the industry, but his influence will undoubtedly continue to resonate for years to come.
