Photo:Alberto E. Rodriguez/Getty; Roger Davies/The Oppenheim; Gotham/GC Images
Alberto E. Rodriguez/Getty; Roger Davies/The Oppenheim; Gotham/GC Images
Kanye Westis selling thebeachfront Malibu homehe purchased two years ago.
While the rapper paid $57 million for the property, which features views of the Pacific Ocean from every room, it’s now on the market for slightly less, asking $53 million.
Selling Sunsetstar Jason Oppenheim, whose brokerage holds the listing, tells PEOPLE the rapper removed the home’s interiors, so the asking price reflects the cost of installing new finishes. The photos reflect the home before West’s changes.
Roger Davies/The Oppenheim
The Oppenheim Group founder says it’s a privilege to sell a home from the renowned architect, who’s designed fewer than 20 homes in the U.S. Ando also designedJay-Z and Beyonce’s $200 millionMalibu property.
“I wanted to have a listing with such architectural pedigree,” he says, adding that the property’s Malibu Road location is “one of the most desirable areas in the world.”
Oppenheim says the value of the property, which he calls “a unique home for a unique and discerning buyer,” is “really in its structure.”
“This architect is known for his concrete work, which is what remains,” he says. “So it’s really going to be up to the new buyer to imagine the interiors that he or she wants. It was a very minimalist interior previously and will likely continue to be that in order to allow the architecture to speak louder than the finishes.”
The listing notes that the home is constructed of approximately 1,200 tons of concrete, 200 tons of steel reinforcement and 12 “massive” pylons driven more than 60 feet into the sand. AD100 architecture firm Marmol Radziner served as executive architect and general contractor.
The official description notes that, “Natural light is used creatively throughout the space, another signature of Ando, to manipulate a warm feeling throughout the building and harmonize with its natural surroundings.”
It also describes the home as “an exceedingly rare architectural achievement that should be seen as a masterful work of art, rather than just a residence.”
Oppenheim and the O Group’s agents are currently filming season 8 of his hit Netflix seriesSelling Sunset,but he says it’s unclear whether the home will be featured on an upcoming episode.
One highlight of the last season, which premiered in November, was seeing the O Group’s Los Angeles office undergo a seven-figure expansion — whichOppenheim previously told PEOPLEwas worth the money.
“It’s hard to place a value on being happy, and the office makes me happy and I hope makes the people that work here happy,” he said. “And I honestly don’t think you can undervalue that. You can’t.”
The O Group also opened aSan Diego officein June, one inCabo San Lucas, Mexico,in late 2022, and a Newport Beach location in 2021.
“One of the reasons that I own the Oppenheim Group and work with my best friends and sell luxury real estate is because I absolutely love that,” Oppenheim added. “It makes me really, really happy and I place happiness over the bottom line. And I will, forever.”
Sami Drasin/Netflix
Which, he clarified, is not to say he hasn’t found significant financial success in doing so.
“Oddly enough, placing my happiness and the happiness of those around me as the most important thing above making money has serendipitously made me money,” he noted. “So it ends up that I can spend nearly $2 million on an office and somehow it will not end up being a bad idea. Maybe it’s luck, I don’t know. Everything seems to work out.”
source: people.com
