Malibu mansion gutted by Kanye West loses $18M in value

A Malibu mansion that was gutted by Kanye West is on sale for $18 million less than the famous rapper paid for it.

This video aired on the KTLA 5 Morning News on June 25, 2024.

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[SC_XOLOs]

I’m about to claim that house as a squatter

[goodtohaveinajam]

Location, location location. A real fixer upper. Inflation, inflation, inflation.

[phoenixluna]

Thats not a mansion . Its parking spaces for cars

[DerrickW]

I'll bet the neighbors are sure glad he's gone.

[thunderousapplause]

he has destroyed every property he owns. He's just trash w money.

[gedigi]

The neighbors can rest in peace. Kanye is gone.

[broncoramfan]

The only winners in all this are the neighbors to the left n right

[abolisher]

That house isn’t worth jack 💩 the land is what’s worth something.

[stevegonzales]

thats a mansion? i wonder what a normal house looks like now

[elgordo]

The leprechaun in the walls wouldn't shut up, so Kanye had to rip the house apart.

[tomsimpson]

Makes me sick pissing away that much money

[lolacookie]

This is financial illiteracy in real time

[croiners]

Did anyone think he would add to the value!?!?❤

[Fairysarecue]

I would never live in a place where you can literally jump onto your neighbors balcony. You get no privacy and about a two foot walkway.

[Whatnok]

That’s actually great. Saved the next owners remodeling fees.

[LilPersey]

The person who'll buy 💀, still gotta spend that 18M to get the furnitures back.

[oanna]

Well, clearly dude was getting foreclosed on. Had disgusting entitled attitude. And ordered it gutted. Statistics proven correct. YET AGAIN. WOW.

[HarMoneyKah]

It's awful how we've all accepted this as NEWS...
GtFOH...

[wadedavid]

These Homes are way too Close to each other! No Privacy, No Thanks!

[QuickStix]

Dude really lost his mind and never gained it back.