WOW!!! Check out Jay Z and Beyonce's new $45 million home

Check out the home Queen Bey and Jay Z are renting....a $45 million Holmby Hills palace that was owned by ex-L.A. Dodgers owner Frank McCourt. 

McCourt sold the house to a British billionaire last year for $45 million, but the new owner who is hardly in L.A. recently decided to put it on the market for lease for around $150k a month. Beyonce & Jay Z reportedly signed a 1-year lease because they feel LA is a good place to raise Blue Ivy. More photos of the home after the cut..