Ye’s new mansion spans about 20,000 sq. toes and sits on about seven acres. The property final bought for $24.5 million in 2022.
Whether or not it’s refining what you are promoting mannequin, mastering new applied sciences, or discovering methods to capitalize on the following market surge, Inman Join New York will put together you to take daring steps ahead. The Subsequent Chapter is about to start. Be a part of it. Be part of us and hundreds of actual property leaders Jan. 22-24, 2025.
The rapper Ye, previously often called Kanye West, has bought a mansion in Beverly Hills about three months after promoting a stripped-down Tadao Ando-designed Malibu house.
Ye purchased his new 20,000-square-foot house for about $35 million, in keeping with TMZ, and the deal was carried out off-market. It’s unclear who bought the property to Ye, however the house at 72 Beverly Park was as soon as owned by late Saudi billionaire Saleh Abdullah Kamel.
In August, Ye bought a 4,000-square-foot waterfront house designed by the famed Japanese architect for $21 million. Earlier than placing it in the marketplace, Ye had stripped the home of its inside finishes, together with its home windows, doorways, electrical and HVAC methods, and had tried a renovation of the property that he by no means noticed by to completion.
Ye was additionally sued by a contractor he employed to work on the property after the contractor alleged being pressured to endure 16-hour workdays and having to sleep on the ground of the unfinished house close to uncovered insulation.
Ye purchased the Tadao Ando property for $57.25 million in 2021, that means he suffered a 63 % loss on the sale. The house’s purchaser, an investor named Steven “Bo” Belmont, mentioned he plans to revive the property.
Ye’s new Beverly Park property was final bought for $24.5 million in 2022. The property sits on seven acres and encompasses 11 bedrooms and 18 loos, in keeping with previous itemizing descriptions on-line. It was initially designed by architect Richard Landry for Norman Zada, who based grownup journal Excellent 10.
Jacob Greene of Douglas Elliman represented Ye within the transaction and Gigi Gharai of Coldwell Banker represented the unknown vendor.
The gated property options two separate motor courts, in addition to two swimming pools and a sports activities court docket. A visitor home and leisure pavilion are related to the primary home by a steel-columned bridge.
It’s not recognized what number of upgrades might have been made to the house because it final bought in 2022, however previous itemizing images reveal expansive home windows that give method to a light-filled house with a recent design. The house’s HOA charge is $3,300 per thirty days.
Ye additionally owns one other LA-area property in Calabasas, in keeping with Robb Report, which is the place he as soon as operated his now-closed personal Christian college often called Donda Academy.
E mail Lillian Dickerson