Kanye “Ye” West has discovered a purchaser for his beachfront Malibu home that he primarily gutted and deserted.
The Hollywood Reporter realized on Saturday that the house, completely listed by Jason Oppenheim of the Oppenheim Group, is in escrow.
The sale comes greater than six months after the controversial rapper and designer first listed the property in December 2023 in an off-market deal. He initially listed it for $53 million and later dropped the worth to $39 million in April.
After buying the house, designed by Pritzker Prize-winning Tadao Ando, in late 2021 for $57.3 million, West proceeded to take away the entire dwelling’s interiors. Oppenheim beforehand stated the brand new proprietor would wish to spend a number of million {dollars} to redo the within.
“What’s lacking are the interiors,” the Promoting Sundown star stated on the time. “It’s priced to mirror the necessity for the inside finishes to get replaced. On the optimistic, it may be introduced as much as 2024 requirements — it was constructed about 10 years in the past.”
Nevertheless, Oppenheim famous that the concrete exterior stays intact: “The architectural integrity of Tadao Ando’s work exists in the present day. He’s largely recognized for his concrete work and the numerous price of this home is within the concrete work.”
The house has additionally confronted different obstacles. Earlier than the property was listed, West was sued by contractor Tony Saxon who labored on the house’s intestine renovation. He claimed that the performer owed him greater than $1 million for his work, amongst different allegations.
West denied the claims made within the swimsuit, in line with the Wall Avenue Journal, which first reported that the home was being put available on the market.
Then in January, Ron Zambrano, a accomplice at West Coast Employment Attorneys, filed a mechanics lien on the property on behalf of Saxon. “We simply wish to make sure that he has sufficient cash to pay the greater than $1 million he nonetheless owes our consumer earlier than he goes utterly broke,” Zambrano stated in an announcement on the time. “So on this case, if somebody needs to purchase Kanye’s Malibu dwelling, they’ll must take care of us first. That sale can not occur with out Tony being paid.”
The four-bedroom beachfront home on Malibu Highway boasts Pacific Ocean views from each room. The about 4,000-square-foot home additionally options 1,500 sq. ft of exterior decks.