Kanye West tried building 'bomb shelter' in Malibu: Beachfront mansion loses its value

Kanye West, controversial rapper, has sent the entire real estate world, into a frenzy after demolishing an entire beachfront mansion in Malibu, priced at $53 million, that was designed by a very popular Japanese architect. This luxe mansion was purchased by West in September, 2021, which has then gone under the hammer and seen its prices depreciate by almost $14% due to the renovations and destruction, as per the plans of West, says NY Post.

'This is going to be my Batcave', Kanye West used to claim

According to reports, West had told a laborer working on this mansion's reconstruction, claiming that this new apartment was going to be his 'bomb shelter', or rather, his 'Batcave'. Batcave has a very crucial significance as it refers to DC Universe's Batman's hideout, that used to stay safe and protected from enemy sights, where he used to store all his precious Batgears.

It is still unclear as to why Kanye West would all of a sudden need a bomb shelter, but it is now reported that he never actually turned the home into a bomb shelter, he had once thought fondly of. Instead, the entire mansion has no electricity or running supplies, and has lost its value by a whopping $15 million, after West's visions never actually materialized.

West's property remains for sale, with no one to buy it

Currently, the property remains for sale, as West is frantically hoping for someone to buy it from him. Even though the ghosted house received a $14 million price cut, there is not currently reported interested party willing to purchase this house just yet. It looks like West's name will stay attached to this property for longer than he had actually expected. Although, West' fascination with architecture is not new. He has met with architects like David Adjaye, from whom he has heartily asked for architectural advices, according to reports.

FAQs:

What has happened to Kanye West' Malibu house?
Destined to be Kanye West' 'Batcave', his Malibu house is currently up for sale but there are no buyers willing to purchase it.

Who are some of the architects Kanye West has met previously?
Kanye West has met with architects like David Adjaye and Jacques Herzog, from whom he has sought architectural advice on his projects.