politique

Kanye West’s gutted, abandoned Malibu mansion finally lured a buyer

August 28, 20240
Inside the house.

Roger Davies/The Oppenheim Group

In September 2023, West was sued by Tony Saxon, a former employee — his caretaker for the Malibu property — who claimed the rapper fired him after forcing him to sleep on the floor during renovations and ordered him to remove the windows and electricity.

Saxon also alleges that West failed to pay him wages.

West denied the allegations.

In January, lawyers representing Saxon filed a lien on the home following reports that he put the property on the market for $53 million, according to records shared with Business Insider.

Despite its current state, the home has a lot of potential.
One of the outdoor decks.

Roger Davies/The Oppenheim Group

The home’s outdoor areas look perfect for hosting gatherings or simply unwinding in a serene environment.

There was some doubt about whether the home would sell.
Backyard ocean views of West’s Malibu home.

Roger Davies/The Oppenheim Group

Some people believed the renovations needed to make the home livable would be too extensive and costly, leading potential buyers to dismiss it altogether.

“For this price, you can find properties that are complete and more turnkey,” Cara Ameer, an agent with Coldwell Banker in California, told Realtor.com in June.

Belwood, the real-estate investment firm in contract to buy the house, apparently didn’t mind — but is paying a substantial discount from its original asking price.

“This is not just a phenomenal real estate investment; it is an opportunity to revitalize and preserve an architectural gem by the renowned Tadao Ando, ensuring it remains a jewel of Malibu,” Bo Belmont, Belwood Investments’ CEO, said in a statement.