perry460pic6460inset.jpghome photo courtesy of MLS

Katy Perry and hubby Russell Brand have just purchased a $6.5 million home on the Sunset Strip in the Laurel Canyon Boulevard corridor.

The sprawling 8,835 sq. ft. mansion, built in 1925, boasts seven bedrooms and nine bathrooms. The three-story pad also features a guesthouse, swimming pool and numerous stained-glass windows.

Before Katy and Russell, the home belonged to National Lampoon Chief Executive Daniel Laikin. Looks like Katy's hit songs "E.T.," "Fireworks" and "California Gurls" has paid off ... big time!

See more of their gorgeous love nest in our gallery below!