The scheduled Thursday auction for Kanye West’s former Malibu mansion has been postponed to April 7 — marking the latest snag in the ongoing history of the gutted architectural gem.
It appears an eleventh-hour bankruptcy action was filed on the foreclosed property — putting a brief halt on the sale until that April date. Reasons beyond that move, and who made it happen, weren’t immediately clear.
The auction was scheduled to take place at 10 a.m. behind the fountain in Civic Center Plaza in Pomona, Calif., located outside the city of Los Angeles, where the bankruptcy-related delay was announced.
West had aimed to make the residence a luxury “bomb shelter.” ShotbyNYP / BACKGRID
The residence was designed by the Pritzker-winning architect Tadao Ando, who hails from Japan. Diggzy/Jesal/Shutterstock
After purchasing it, West gutted the interiors and left the structure open to the elements. CB / BACKGRIDThe beachfront property — designed by one of the world’s most celebrated architects, Tadao Ando — still has just shy of $21.1 million remaining on its loan.
A message to the developer Bo Belmont, whose crowdfunded real estate firm Belwood Investments purchased the oceanfront spread in 2024 for $21 million, did not immediately return a message seeking comment and clarification.
Among the attendees on Thursday were Andrew Mazzella, of Mazzella Ventures LLC, who had entered into contract to purchase the structure in 2025 when it listed for $39 million. He still has $600,000 in on it, he said.
Mazzella made an all-cash offer for the property, with plans to finish its restoration and later list it for between $55 million and $65 million. The decrepit shape of the home — bare bones with stripped-down concrete — remains in the exact same shape as it was at the time of his contract.
“As the due diligence came in, we were concerned about the price I was in at,” Mazzella told The Post at the site of the would-be auction. “We just realized, with what’s remaining to be done and some potential issues that we’re seeing now on the horizon, [we] really needed to try and get the price down a little.”
Andrew Mazzella was present in Pomona on Thursday for the auction. Jeremy Louwerse for CA PostHowever, Mazzella added, he remains hopeful.
“I would still like to buy it,” he said, adding that he was present at the auction site to buy the first position lien, as the property remains in foreclosure. “I just happen to be attracted to very challenging, difficult projects for some reason … it’s just another day, like there’s always a way to figure out the solution.”
Though the house stands as a concrete shell, an artist named Ryan Keeley is using it as an art studio.
An artist named Ryan Keeley has used the concrete shell of a home as an art studio. Ryan Keeley
The current owner initially offered Keeley the chance to host an art show inside. Ryan Keeley
Keeley spends his time there with his dog, Ghost. Ryan Keeley“After [Mazzella’s] sale, after that all fell through, the house was there and it was vacant,” Keeley told The Post at the auction site. “So [Belmont] offered me to do an art show in there. After going to visit the home, I decided it wasn’t really conducive to doing an art show but I could use it as an art studio.”
For him, the unusual shape of the residence combined with its location play big roles in his art.
“I do a lot of distressed work, so interacting with the elements is a big part of my work … and I infuse the paints with sand from the beach and ashes from the Malibu fires,” he said. “So the whole body of work that I made in there, we called it ‘Resurrected Light.’ It’s all about rebuilding from disaster.”
Disaster to say the least.
The rare residence has spent years exposed to the elements. CB / BACKGRID
The home stands directly in front of the Pacific Ocean in one of the nation’s most prime property markets. BACKGRIDWest snagged his fair share of headlines in 2022 after he gutted and abandoned the architecturally significant property, which he purchased for $57.25 million in 2021. Ando, a recipient of the prestigious Pritzker Prize, designed the four-bedroom spread in 2013.
Come West’s ownership, the troubled rapper sought to turn the abode into his own “bomb shelter.” That’s an effort he deserted before leaving the home open to the elements between 2022 and 2023.
West sold it to Belmont’s Belwood Investments for that $21 million sum — a massive loss. West had initially sought $53 million in 2024 for it.
Belwood’s 500-plus investors were set to receive an early payday after the firm listed the property for $39 million in 2025. The firm’s plans for the property, beyond selling it, have included turning it into a timeshare-like structure, backed by cryptocurrency investments.






