Kanye West Selling Malibu Home at a Loss, Reportedly Sued by Project Manager and Security Guard
Kanye West, also known as Ye, is facing financial pressure as he lists a Malibu beachfront property that he purchased in 2021 for $57.3 million for $53 million, according to multiple reports. The 4,000-square-foot, four-bedroom home was designed by famed Japanese architect Tadao Ando.
Though the property still boasts Ando’s signature concrete work, it was gutted for a remodel and is missing its interiors. Celebrity real estate agent Jason Oppenheim, who is listing the property, says potential buyers will need to spend a couple of million dollars to bring it “up to 2024 standards.”
In addition to the financial loss on the property, West is reportedly being sued by a man who claims he was hired by the rapper in September 2021 to be the remodel project manager, 24-hour security, and caretaker of the property.
Despite the legal and financial challenges, the sleekly modern concrete and steel beachfront home, with around 1,500 square feet of outdoor decks and ocean views from every room, is expected to attract interested buyers with deep pockets.