Kim Kardashian may not be everyone’s cup of tea, but the world takes a keen interest in her lifestyle, and she sets trends almost on a daily basis. She is the star of the hit reality show, ‘Keeping up with the Kardashians’ is married to one of the most influential, yet controversial musicians of all time, Kanye West, and is rich. Besides what you see on TV, she is serious about investing in homes. When she put up her home on the market for $5 million, thus began her journey of investing in real estate. She must have paid rent or taken out mortgage loans but that is behind her now as she is investing in commercial real estate.
Kim K’s Real Estate in 90210
Mrs. West put up her Tuscan-style mansion in Beverly Hills CA, and that set her off on her career of investing in real estate. She paid $4.8 million for the 3,799 square foot home, and it was one of the locations while shooting Keeping Up with the Kardashians. However, after three years, she gave up her five-bedroom mansion with 4.5 bathrooms to move in with her husband, Kanye West. She will accept $5 million for the house, and if you want the furnishings, you will have to cough up a little bit more in mortgage loans.
If you are looking to go into the high-end investing in homes business, this is a good start. This piece of real estate has a chef’s kitchen, multiple chandeliers, and fireplaces; roses infused landscape. The grounds have a lighted gazebo, pool with a waterfall, terraces, manicured lawns, kitchen and bar, all enclosed on a half-acre lot with a stylish yet sturdy gate.
Commercial Real Estate in Miami
While shooting Kourtney and Kim take Miami, they resided in a waterfront property called the Palazzo di Mare, where they paid an undisclosed amount in rent. It features an infinity pool, 10-car basement garage, 340 feet of water frontage views of North Miami, and a stunning wood paneled library complete with a rolling ladder, and so much more. The price would require prospective buyers to have mortgage loans unless you are a business tycoon with billions of dollars in offshore accounts to buy this piece of the commercial real estate.
Kim and Kanye West’s Real Estate
Since Kim put her house on the market and moved in with her Grammy Award-winning husband, they have since bought two homes, showing they are keen in investing in real estate. One a Mediterranean-style mansion in Bel-Air for $10.75 million which they flipped adding a movie theater, gym, basketball court, bowling alley, an indoor pool and $750-000 glam room. They sold the mansion for $18 million without having lived in it.
The other real estate investment was a $21.25 million estate in Hidden Hills CA, close to Kris Jenner’s home. The word around town is that they are in the process of refurbishing it with a spa, pool, gym, a movie theater, a hair salon, and a recording studio. Kanye West had put his LA home on the real estate market but decided to pull it off after listing it for $3.3 million back in 2013. The property has a fish tank built into the sides of the bathtub, panoramic views of downtown LA, and French walnut floors.
Final Thoughts
Celebrities are investing in homes just like the rest of the populace who are tired of paying rent, but they are doing it on a grand scale.