Kanye West just tossed his Malibu crib on the market for a cool 53 million dollars, but hold up, there’s a twist. Dude’s dealing with a new problem – turns out, he’s facing a lien because he allegedly did not cough up the cash for a contractor’s work on his 4000-square-foot pad.
Now, here’s the kicker. If someone actually forks out the full asking price, Ye’s already in the red since he shelled out more, around 57 million dollars, when he snagged it. And word on the street? The property’s seen better days.
Neighbors are spilling the tea, calling it “left to rot.” Apparently, the repairs and renovations he started are like a half-done puzzle – not helping the place and possibly making it worse than if he’d left it alone. Talk about real estate drama!
So, Kanye West is basically a jack of all trades – he’s into producing, rapping, songwriting, and even rocking the record executive role. His albums? Oh man, they’re flying off the shelves, and his lyrics? Well, they’re belted out by big names like Brandy, Usher, and Alicia Keys.
Back in the year 2005, Time magazine threw him in the ring with the heavy hitters, calling him one of the One Hundred Most Influential People in the World. Hanging out with Oprah Winfrey, Jamie Foxx, and Clint Eastwood – not too shabby!
Now, Kanye’s not immune to a bit of controversy. Some folks took a jab at his lyrics, saying they’re telling kids to bail on school. But Kanye’s like, “Hold up, that’s a total misunderstanding, people.”
And to keep the groove going, he dropped his newest album, Late Registration, back in August 2005. Talk about a guy who can do it all!
Kanye West’s Home Renovation Hits a Standstill With Unfavorable Consequences
So, Ye decided to ditch the floor-to-ceiling windows at his crib, but here’s the kicker – he never bothered putting new ones in. So, now the beach side of the place is basically at the mercy of the weather. And guess what? The inside walls are taking a beating, and the metal railings and fixtures are on a rusting spree.
Now, Ye brought in Tony Saxon for the fixer-upper job. Well, turns out, Saxon’s lawyer decided to drop a lien because, apparently, Kanye had some wild ideas for renovations.
Ye wanted to yank out the whole electrical system and toss in generators instead. Saxon, though, said, “Hold up, that’s a fire hazard,” and put his foot down, as reported by US Weekly.
Fast forward to today, and the house is missing more than just fancy wiring. No HVAC, doors, plumbing, and, oh yeah, those windows we talked about earlier.
In a surprising twist, Kanye decided to abandon his mission to turn his place into a bomb shelter. Last year, he brought in real estate big shot Jason Oppenheimer, a reality star and the head honcho at the Oppenheim Group brokerage, to help him offload the property. Time to find a buyer and put an end to this real estate saga!
Legal Challenges, Lawsuits, and Liens Afflict Kanye West’s Property
Here’s the latest twist in the whole saga – Saxon dropped a lien bomb, stating he needs more than a cool $1 million for the work he did before Ye gave him the boot.
And get this as well, the legal drama does not stop there. Last year, Saxon threw down a lawsuit with a laundry list of grievances – wrongful termination, unpaid wages, and even disability discrimination. Crazy, right?
Apparently, Saxon started off on Kanye’s security team before getting roped into house renovations. And the kicker? He claims he ended up snoozing on his coat in a part of the property with exposed insulation. Yikes!
Now, let’s talk neighborhood vibes. Ye’s not winning any popularity contests with the locals. Just when he was catching flak from Adidas for some not-so-great comments, someone trolled him by slapping a “Happy Hannukah” sign on the front of his crib.
Kanye’s been trying to steer his ship back on track career-wise, but this whole property mess is just another hiccup in a long list of controversies and legal battles. Life in the fast lane, right?
Does Kanye Have Other Properties?
Kanye West is rolling in real estate riches, with a portfolio worth millions. He’s got these lavish properties scattered in California, Wyoming, and even Belgium.
Back in te year 2020, Forbes spilled the beans that Kanye’s got a cool 81 million dollars tied up in “buildings and improvements” and another 21 million dollars in land. And get this – he’s the proud owner of not one but two ranches in Wyoming, totaling a whopping 14 million dollars, as per Forbes.
Now, that fancy 60 million dollars Hidden Hills estate he once shared with his ex? Well, that’s now in Kardashian’s hands. But no worries for Ye, he snagged a 4.5 million dollar crib right across the street from her in the year 2021, according to the folks over at People.
And then there’s the beachfront stunner he added to his collection in 2021, dishing out over 57 million dollars for it. But hold up – TMZ spilled the tea that the place has been torn apart for a complete makeover, and as of last summer, the renovations were still cooking. Talk about a real estate empire in the works!
