Kendrick Lamar Reportedly Purchased a $2.65 Million Investment Property in Calabasas
Famous Calabasas homeowners, both current and former: Justin Bieber, practically every member of the extended Kardashian-Jenner clan, and, now, Kendrick Lamar. TMZ reported this week that the Grammy-winning rapper recently purchased a sprawling mansion in the hilly upscale town northwest of Los Angeles proper.
According to the outlet, Lamar's new purchase spans 5,400 square feet, features six bedrooms and six bathrooms, and cost Lamar $2.65 million. Photos of the home show a massive backyard complete with a large covered patio, a built-in grill and entertaining area, and a sizable swimming pool and hot tub; a theater room with a drop-down projector screen and blackout shades; an in-home gym; stainless steel appliances in the kitchen; and a huge walk-in closet in the master bedroom. Despite boasting plenty of space and a prime location, though, the home will reportedly sit vacant as an investment property, rather than as a new pad for the 30-year-old.
This isn't Lamar's first foray into investing in real estate. Back in 2014, HuffPost reported that he had purchased a $523,500, four-bedroom home in Eastvale, California, about an hour from Los Angeles; shortly after, during a radio interview, Lamar confirmed the purchase but noted that he didn't live in the modest home. "I popped up and seen that on the Internet, too. I'm like, 'Where they get this stuff?' It's real, but it's not my spot," he told San Francisco's Wild 94.9 station. "I really like to buy property, whether it's apartments, whether it's buildings, whether it's houses." He added, "I like to stay in L.A. I still live in L.A., in a small little apartment condo in L.A. But I like to invest my money in different things, rather than buying things for the moment. Something that can last me a lifetime."
