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He halted the project in November, according to The Daily Mail, after closing his building company, Yeezy Construction Inc., due to financial struggles. Despite the big price reduction, buyers should be warned that the house will require many months and likely millions of dollars in renovation costs. And the current $39 million ask, while substantially improved, is a lofty figure. Other homes along this same stretch of sand typically top out around $20 million—and that’s for a brand-new or freshly rehabbed residence. The listing notes that the home is constructed of approximately 1,200 tons of concrete, 200 tons of steel reinforcement and 12 “massive” pylons driven more than 60 feet into the sand. AD100 architecture firm Marmol Radziner served as executive architect and general contractor.
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A few weeks later, it was revealed that West, 44, purchased a $4.5 million teardown directly adjacent to the home he had designed and built with Kardashian. "One of the reasons that I own the Oppenheim Group and work with my best friends and sell luxury real estate is because I absolutely love that," Oppenheim added. "It makes me really, really happy and I place happiness over the bottom line. And I will, forever." While the rapper paid $57 million for the property, which features views of the Pacific Ocean from every room, it’s now on the market for slightly less, asking $53 million.
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Indeed, the price of typical luxury homes jumped nearly 9% since the start of the year—making them the most expensive they’ve ever been. Kanye West, now known as Ye, is selling a beachfront property in Malibu, California, for $53 million. According to The Wall Street Journal, the house lacks plumbing, electricity, windows, and doors.
West's home across the street from his ex-wife
The big-time porn star says Kanye's hit song, "Hey Mama," inspired him, because he wants to buy his mom a house. And, now Girthmasterr wants to pay her back by helping her retire, and a collab with Ye could help. Even the wealthiest of buyers are facing a housing market in which prices continue to skyrocket.
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Just last year, he reportedly purchased a property right across the street from Kim's Hidden Hills digs. But a lot has changed since then, including his marriage to Bianca Censori, so we suppose it seems fitting that the newlyweds might want a change of scenery. West, who remains one of the world’s most successful record producers and one of the best-selling artists of all time, is likely nowhere near poor. But he seems to be shifting away from real estate ownership—when he’s not out traveling the globe with “wife” Bianca Censori, he frequently bunks up for months at a time in some of L.A.’s most expensive hotels, including the oceanfront Nobu Ryokan. Those conversations naturally informed their plans to reimagine the house, a process Vervoordt describes in terms of distillation.
Kanye West Slashes $14 Million Off the Price of His Gutted Tadao Ando-Designed Home - Architectural Digest
Kanye West Slashes $14 Million Off the Price of His Gutted Tadao Ando-Designed Home.
Posted: Fri, 12 Apr 2024 07:00:00 GMT [source]
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Kanye West's property empire in decline as shocking new images reveal his homes have fallen into disrepair - a - Daily Mail
Kanye West's property empire in decline as shocking new images reveal his homes have fallen into disrepair - a.
Posted: Tue, 26 Dec 2023 08:00:00 GMT [source]
Neighbors told TMZ that they haven't "seen anyone around for many months" and Ye's Malibu mansion was "left to rot" given that no one is maintaining the structure in the meantime, despite all the outside advisors that Ye pulled on for the project. The home boasts three stand-alone one-bed accommodations for guests and visitors (via Glamour). A lot of planning, time, and energy went into the renovation, which drove the value to $60 million. However, after their high-profile divorce, it could not remain as shared property for both individuals (via The Sun). Kanye agreed to keep the peace and exit the home (via The Wall Street Journal).
He dubbed the location, 11 miles outside Cody, Wyoming, "West Lake Ranch." Kanye chose to sell the ranch, and he placed it on the market for $11 million, meaning he probably suffered a $3 million loss (via TMZ). Speculations arose around the initial Wyoming purchase, and people seem to think that it may have intensified the issues between him and his ex-wife Kim Kardashian. Considering the romantic spirit of Paris, France, many people thought West and Kardashian would purchase an apartment of their own in the City of Lights. However, those plans fell through after the $10 million jewelry heist that occurred two years after the nuptials, as reported by USA Today. Kanye West is a multi-award-winning artist that has made headlines since he first stepped onto the scene in the early 2000s. According to BuzzFeed, West has gone through his fair share of trepidations and tragedy and caused plenty of controversy.

It’s worth noting that the current ask is a staggering $18 million less than what West himself paid for the place less than three years ago, back in September 2021. The music mogul-turned-Yeezy fashion designer shelled out $57.3 million—in cash—for the 4,000 square foot residence, which was completed circa 2013 and designed by famed Pritzker Prize-winning Japanese architect Tadao Ando. Sachs bought the land in 2003 and commissioned Ando to design the home, which was built in collaboration with local architecture firm Marmol Radziner.
But I’m excited to see what he brings sonically with the new album because if there’s one thing Kanye does, it’s art well. But fortunately, the city approved a permit in October 2019 to replace the roof; the following month, a permit was granted to fix electrical wiring. In April 2020, Kanye was granted a renovation permit nearly two months after the stop-work order was issued, according to the Chicago Tribune. West is reportedly recreating his modest family home in the middle of Chicago’s Soldier Field as the centerpiece of the latest listening party for “Donda” coming up on Thursday. And to get the property back to a desirable living space for a buyer, it’s going to cost them.
He's created 10 groundbreaking studio albums, interrupted musician Taylor Swift at the VMAs, had four beautiful children with ex-wife Kim Kardashian, ran for the 2020 presidential elections, and even started giving weekly Sunday church services (via Fader). The unassuming home spans over 3,600 square feet and is situated on over an acre of land with an equestrian ranch on the property. Video shared by Fox 11 reporter Matthew Seedorff on Wednesday shows detectives leaving the iconic Chateau Marmont on Sunset .
Not much is known about the rapper's new residence, but The Sun reports that he currently resides in a lavish apartment in tucked in Los Angeles's West Hollywood neighborhood. In a world where multi-million, star-studded spaces are the norm, it's rare to hear about a celebrity living in an apartment. (Though coincidentally, Kendall Jenner's beau, Bad Bunny, currently rents the most expensive apartment in NYC.) And, to add even more mystery to the situation, Kim claimed that her ex-husband doesn't have a nanny, chef, or security. The current listing, held by Selling Sunset star Jason Oppenheim of the Oppenheim Group, includes a few years-old photos of the place. But it doesn’t look anything like that today—aerial imagery shows most all of the walls and doors are now gone, and the interior finishes have likely made their way to a landfill. Oppenheim told the Wall Street Journal that a buyer will need to spend “several million dollars” just to make the house livable.
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