Kanye ‘Ye’ West finds buyer for his gutted and abandoned Malibu home

Kanye “Ye” West’s beachfront home finds a buyer Malibu He basically gutted that house and abandoned it.

The Hollywood Reporter It was learned on Saturday that the house was Jason Oppenheim The assets of the Oppenheim Group are in administration.

This sale distance Controversial rapper and designers Listing a property for the first time He sold it in an off-market transaction in December 2023. He initially listed it for $53 million, but later reduced the price to $39 million in April.

West bought the home, designed by Pritzker Prize winner Tadao Ando, ​​for $57.3 million in late 2021 and subsequently stripped out all the interior decoration. Oppenheim had previously said the new owner would need to spend millions of dollars to redecorate the interior.

"What’s missing is the interior," Selling Sunset star said at the time. “Its pricing reflects the need to replace the interior. The positive is that it will be brought up to 2024 standards – it was built about 10 years ago.”

Oppenheim noted, however, that the concrete exterior remains intact: “The architectural integrity of Tadao Ando’s work remains. He is famous for his work in concrete, and much of the cost of this house went into concrete.”

The house has faced other obstacles as well. Before the property went on the market, West was sued by Tony Saxon, the contractor who did the interior renovations on the home. He claimed the performer owed him more than $1 million, among other allegations.

The west Denied this statement According to the content of the lawsuit Wall Street Journalwhich first reported the home’s pending sale.

In January, Ron Zambrano, a partner at West Coast Employment Law Firm, File a lien on the property “We just want to make sure he has enough money to pay back the over $1 million he owes our clients, or he’ll be completely broke,” Zambrano said in a statement at the time. “So in this case, if anyone wants to buy Kanye’s house in Malibu, they have to deal with us first. Without paying Tony, the deal can’t happen.”

Located on Malibu Road, this four-bedroom beachfront home offers Pacific Ocean views from every room. The approximately 4,000-square-foot home also has a 1,500-square-foot outdoor terrace.