Former 76ers owner Michael Rubin has found a new place to call home -- TMZ Sports has confirmed he just dropped $70 million on an L.A. mansion that sits on land previously owned by Ronald Reagan!
The pad is located in Hollywood Hills -- and it's insane. It features seven bedrooms, 12 bathrooms and a laundry list of ammenities.
It's also three stories tall -- and it's located so perfectly on a knoll that it overlooks the famous Sunset Strip in Hollywood.