Is Kanye West $53M Malibu Dream Home Grounded by Debt? Contractor Files Lien

Is Kanye West $53M Malibu Dream Home Grounded by Debt? Contractor Files Lien

The ongoing saga around Kanye West’s oceanfront Malibu property has taken a new twist, as attorney Ron Zambrano, a partner at West Coast Employment Lawyers, filed a mechanics lien on behalf of contractor Tony Saxon. Saxon claims he’s owed over $1 million for his work on Kanye’s Malibu home and has made various allegations. A mechanics lien is essentially a legal claim against the property filed by an unpaid contractor, allowing a foreclosure action if unpaid, leading to the sale of the property in lieu of compensation.

In a statement, Zambrano asserted, “If someone wants to buy Kanye’s Malibu home, they’ll have to deal with us first. That sale cannot happen without Tony being paid.” This move comes after news in December that Kanye listed the four-bedroom beachfront house on Malibu Road for $53 million, marking a loss from his late 2021 purchase for $57.3 million in an off-market deal. The house, designed by Pritzker Prize-winning Tadao Ando, features a concrete exterior, with West having undertaken significant interior renovations.

Saxon is currently suing Kanye for over $1 million, citing labor code violations, disability discrimination, unpaid wages, and wrongful termination related to his work on the property. Despite West denying these claims, the legal dispute adds complexity to the sale of the house.

The approximately 4,000-square-foot property, constructed with 1,200 tons of concrete, 200 tons of steel reinforcement, and 12 large pylons set 60 feet into the sand, offers ocean views from every room. However, realtor Jason Oppenheim of the Oppenheim Group notes that the interiors are incomplete. He estimates that the new owner may need to spend several million dollars to bring the interior up to 2024 standards. The property is currently on the market, presenting both challenges and opportunities for potential buyers.

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Emily Johnson

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