Kanye West has bounced back from a disastrous house flip in Malibu with the acquisition of a mansion in Beverly Hills.
TMZ reported the controversial rapper and entrepreneur paid $35 million in an off-market transaction for a property in the Beverly Park North gated community. The 7-acre property features a 20,000-square-foot residence with 11 bedrooms, 18 bathrooms, an entertainment pavilion, and separate pools for swimming laps and soaking.
West, who also goes by the name Ye, was last heard from earlier this month when his Malibu property sold at a discount. He bought the oceanfront home in 2021 for $57 million and conducted a highly publicized but ill-fated renovation project that remained unfinished when he listed it for sale last January for $53 million. After a price reduction to $39 million in April, Belwood Investment’s CEO Bo Belmont made an initial offer of $20 million – the property changed hands for $21 million, with an escrow closing on Sept. 26.
Photo courtesy Super 45 | Música Independiente / Flickr Creative Commons
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