PerezHilton.com has learned that the Malibu home owned by Red Hot Chili Peppers bassist Flea which burned down last weekend was being rented by musician/producer Butch Walker. “Butch lost everything,” a friend of artist revealed. “He had been renting Flea’s house for a while and was in the process of buying it. The house was completely burned down.” Included in Walker’s losses were the masters to every song he ever recorded. Read more.