Just Days After Movers and Packers Outside LA Mansion, Ye’s New Home Blueprints Surface Online

Published 05/29/2024, 1:50 AM EDT

Ye, formerly Kanye West, likes to relish the fruit of his efforts by expanding his real estate portfolio or by making space in his garage. Over the years, the rapper’s credit list of properties has been as extensive as his career as a music artist. In the past year, two of his properties have gone for clearance, one resulting in a $14 million loss and the other bustling with movers and packers. Initially, these developments puzzled fans, but a new home blueprint has surfaced online, shedding some light on the situation. 

Whether these listings are part of Ye's plan for a larger estate remains uncertain, but it strongly suggests he might be preparing to relocate.

Inside Ye’s new home’s blueprint

ADVERTISEMENT

Article continues below this ad

Just very recently, The Mirror obtained photos outside Ye’s LA mansion as movers made the rounds on a Sunday afternoon, loading some gym equipment and a ping-pong table. At the time, with the already buzzing speculation rumors, fans presumed it was an aftermath of their split. However, both have shattered those rumors through consecutive outings and the last nail in the coffin came with a new home plan for the pair. Valerio Olgati revealed the plan recently on Instagram

https://www.instagram.com/p/C7d6s1AMUe4/?igsh=MTQwM2E2ajhva3N2bQ%3D%3D

Olgati, an architect friend of Ye’s, tagged him in the post with the location pinned in the City of Angels. Whether the blueprint is a reworking of the LA Mansion or an entirely new house plan is yet to be discerned. However, the unveiling of the blueprint makes one thing clear: Ye's relocation plans are unrelated to the divorce rumors associated with Bianca Censori.

Ye, Tadao Ando and a $14 Million Loss in Malibu: Know All About the Esteemed Beach House

Despite things looking all good on this front, Ye’s oceanfront mansion in Malibu is stringent on a staggering loss.

Ye’s Malibu Mansion and the story of $14 million price slash

ADVERTISEMENT

Article continues below this ad

In 2021, Ye added to his collection of palatial estates by purchasing a beachfront property in Malibu for $57.25 million. Despite the substantial investment, he listed the property for clearance in December 2023. Initially, the price cut indicated a $4 million loss, but TMZ reported in April that the loss had escalated to a staggering $14 million, reducing the total to $39 million

The markdown was due to the property's dilapidated condition, requiring extensive renovations for future buyers. Although it is scarcely habitable, the mansion has been designed by Japanese architect Tadao Ando, which holds significance for purchasers. While these developments suggest he might have had grander plans for a larger property in the same area, the significant loss raises questions about whether the new house will compensate for it.

ADVERTISEMENT

Article continues below this ad

What Do Kanye West and Bianca Censori Call Home? A Look Into the Lavish Real Estate of the Grammy Winner

What do you think of Ye's new home blueprint revealed by Valerio Olgati days after spotting the packers and movers outside his LA Mansion? Let us know in the comments below!

SHARE THIS ARTICLE :

ADVERTISEMENT

Anushka Bhattacharya

814 articles

I'm Anushka Bhattacharya, an entertainment journalist at Netflix Junkie. Armed with a degree in literature, I once wielded my words to catalyze change within society through my work with NGOs. However, as I stumbled into the exuberant hole of crime thrillers and documentaries on Netflix, it was love at first sight and pushed me into entertainment journalism.

Edited By: Itti Mahajan

ADVERTISEMENT

ADVERTISEMENT

EDITORS' PICK