<p id=”par-1_70″><a href=”https://www.cheatsheet.com/tag/kanye-west/?swcfpc=1″>Kanye West’s life </a>is in a downward spiral. Since returning from Japan for the Grammy Awards, the famed rapper has made one erratic misstep after the next. The gutted Malibu mansion he abandoned is not on the same trajectory. Kanye West’s <a href=”https://www.cheatsheet.com/news/kim-kardashian-new-70-million-malibu-home-private-beach-access-supermodel-neighbor.html/”>Malibu </a>rehab gone wrong is back on the market, but things are markedly different than they were before. The property is up for sale while it is being renovated.</p>
<h2 class=”wp-block-heading” id=”h-the-malibu-mansion-kanye-west-abandoned-is-for-sale-again”>The Malibu mansion Kanye West abandoned is for sale again</h2>
<p id=”par-2_79″>Several years ago, Kanye West purchased a mansion in Malibu. The home, designed by famed architect Tadao Ando, was in pristine condition, but not for long. West took to Malibu and gutted the house, removing everything from its windows to its electrical systems. The music mogul apparently had a grand plan, but whatever it was was lost to time. He abandoned the home’s shell before listing it for sale, eventually selling the home at a loss of $36 million.</p>
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<p id=”par-3_67″>The investment group that stepped in to buy Kanye West’s gutted Malibu mansion thinks they can recoup their investment before completing renovations. According to <a target=”_blank” href=”https://nypost.com/2025/03/25/real-estate/kanye-wests-former-malibu-monstrosity-is-back-for-sale/” rel=”noreferrer noopener”>the New York Post</a>, Betwood Investments has spent the last few months attempting to renovate the property. While the home has not been completed yet, the group thinks they’ve done enough to make the home desirable, especially considering the area’s current home shortage.</p>
<p id=”par-4_78″>According to the outlet, Betwood Investments purchased the home for $22 million in August. Since then, a group of contractors has been attempting to restore the property. They’ve dealt with structural issues, rewired the home, and addressed plumbing needs. Still, it will likely cost around $9 million to restore the home fully. Betwood is willing to part with the property, as-is, for $39 million. If the property doesn’t sell now, the group is willing to continue restoration efforts.</p>
<h2 class=”wp-block-heading” id=”h-where-does-kanye-west-live-now”>Where does Kanye West live now?</h2>
<p id=”par-5_90″>A lot has been going on with Kanye West recently, but there hasn’t been much movement in his real estate portfolio. West took a massive hit on<a href=”https://www.cheatsheet.com/news/kanye-west-bianca-censori-bought-35-million-mansion-save-marriage-insider-alleges.html/”> the Malibu property,</a> though he likely would claim it was part of his plan. He isn’t residing in the home he once shared with his children, and he seems to have slowed down his jet-setting ways in the last few months. So, exactly where is he resting his head at night now that he spends most of his time bouncing around the globe?</p>
<figure class=”wp-block-image size-full” id=”emb-2″><img decoding=”async” src=”https://www.cheatsheet.com/wp-content/uploads/2025/03/Kanye-West-Bianca-Censori.webp?strip=all&quality=80″ alt=”Kanye ‘Ye’ West and Bianca Censori standing next to each other on the Grammy Awards red carpet. Censori is leaning into West and looking forward.” class=”wp-image-3792983″><figcaption class=”wp-element-caption”>Kanye ‘Ye’ West and Bianca Censori attend the 67th GRAMMY Awards | Jeff Kravitz/FilmMagic</figcaption></figure>
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<p id=”par-6_78″>According to <a href=”https://www.hellomagazine.com/homes/814331/kanye-west-bianca-censori-unexpected-living-arrangement/” target=”_blank” rel=”noreferrer noopener”>Hello!</a>, Ye has most often been spending his time at a rented California apartment. According to the publication, the father of four is renting a luxury apartment in West Hollywood for $20,000 per month. West does own several other properties, but they have each been abandoned by Ye at different points. He walked away from his <a href=”https://www.cheatsheet.com/news/do-the-kardashians-all-live-near-each-other.html/”>Calabasas </a>property years ago and has seemingly abandoned his Wyoming ranch, as well. A property in Northridge also sits unused.</p>