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Obama Holds Fundraiser at Magic Johnson's Home

President Barack Obama was in Los Angeles Monday for private fundraisers, including one at basketball star Magic Johnson's home, rubbing elbows with Hollywood stars like Diane Keaton and Tom Hanks.

The president, on a three-day West Coast tour largely dedicated to campaign fundraising, was due at the home of the five-time NBA champ long with the Los Angeles Lakers, a US official said.

An estimated 160 people are expected at Johnsons' home for the event where supporters have paid $2,500 to $15,000 a plate to pad the Democratic Party's war chest ahead of November 2014 midterm elections.

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