Burned Church and Ranch Once Owned by Kanye West Hit Market for Millions

Kanye West appears to be discreetly downsizing his Los Angeles real estate assets, as he has listed two troubled properties for a total of $3.5 million amidst increasing financial strain. In Beverly Hills, on February 9, 2020, Kanye attended the Vanity Fair Oscar Party at the Wallis Annenberg Center, showcasing his prominence in the entertainment world. His real estate decisions are now viewed through a lens of urgent financial reassessment. Notably, one of the properties on the market is a devastated church building in Northridge that was engulfed in flames last October. West acquired this 29,364-square-foot lot from Cornerstone Christian Church for $1.5 million, intending to establish either a Donda Academy or another Yeezy hub. Instead, the property's abandoned state has drawn scrutiny. Meanwhile, West is also trying to sell his dilapidated Calabasas ranch, originally earmarked for Donda Academy. The ranch, while nestled in a tranquil setting, requires substantial restoration due to incomplete renovations. This pattern of property liquidation aligns with West's efforts to stabilize his financial situation amid reported tax delinquencies exceeding $300,000 across his holdings.