Kanye West is selling the Malibu beach house he bought two years ago.
While the rapper paid $57 million for the property, which has views of the Pacific Ocean from every room, it’s now on the market for slightly less, asking $53 million.
Selling Sunset star Jason Oppenheim, whose brokerage is holding the listing, tells PEOPLE that the rapper removed the home’s interior, so the asking price reflects the cost of installing new finishes. The photos reflect the home before West’s changes.
Designed by Pritzker Prize-winning Japanese architect Tadao Ando, the home includes 4,000 square feet of interior space and approximately 1,500 square feet of outdoor living space.
Roger Davies/The Oppenheim
The founder of the Oppenheim Group says it’s a privilege to sell the home of a well-known architect, who has designed less than 20 homes in the US. Ando also designed Jay-Z and Beyonce’s $200 million Malibu estate.
“I wanted to have a listing with that kind of architectural pedigree,” he says, adding that the property’s location on Malibu Road is “one of the most desirable areas in the world.”
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Oppenheim says the value of the property, which he calls “a unique home for a unique and discerning buyer,” is “really in its structure.”
Roger Davies/The Oppenheim
“This architect is known for his concrete work, which is what remains,” he says. “So the new buyer will really have to imagine the interior he or she wants. It used to be a very minimalistic interior, and it will probably continue to be so, so that the architecture speaks more than the finishing touches.”
The listing says the house was built with roughly 1,200 tons of concrete, 200 tons of steel rebar and 12 “massive” columns driven more than 60 feet into the sand. AD100 architecture firm Marmol Radziner served as executive architect and general contractor.
Roger Davies/The Oppenheim
The official description states that “natural light is used creatively throughout the space, another Ando signature, to manipulate a warm feeling throughout the building and harmonize with the natural surroundings.”
The house is also described as “an extremely rare architectural achievement that should be seen as a masterful work of art, not just a residence.”
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Oppenheim and the Agents of O Group are currently filming the eighth season of his hit Netflix series Sale Sunset, but says it’s unclear if the home will be featured in an upcoming episode.
Roger Davies/The Oppenheim
One of the highlights of last season, which premiered in November, was a seven-figure increase in the O Group’s Los Angeles office — which Oppenheim previously told PEOPLE was worth the money.
“It’s hard to put a value on happiness, and the office makes me happy and I hope it makes the people who work here happy,” he said. “And I honestly don’t think you can underestimate that. You can’t.”
Roger Davies/The Oppenheim
Group O also opened an office in San Diego in June, one in Cabo San Lucas, Mexico in late 2022 and a location in Newport Beach in 2021.
“One of the reasons I own the Oppenheim Group and work with my best friends selling luxury real estate is because I absolutely love it,” Oppenheim added. “It makes me really, really happy and I put happiness above the bottom line. And I will, forever.”
Sami Drašin/Netflix
Which, he clarified, doesn’t mean he hasn’t achieved significant financial success in doing so.
“A bit strangely, putting my happiness and the happiness of those around me as the most important thing above making money just happened to make me money,” he noted. “So I end up being able to spend almost $2 million on an office and somehow it doesn’t turn out to be a bad idea. Maybe it’s luck, I don’t know. Everything seems to work out.”
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