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Home»Entertainment»JAY-Z & Beyoncé Cop Bel-Air Mansion For $88 Million
Entertainment

JAY-Z & Beyoncé Cop Bel-Air Mansion For $88 Million

By Magic 103.7August 23, 2017Updated:January 16, 2018No Comments1 Min Read
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BEL-AIR, CA – JAY-Z and Beyoncé have finally settled on a home large enough for the whole family and are now officially Los Angeles residents.

The power couple purchased their $88 million Bel-Air mansion with a mortgage amount of $52.8 million. According to the Los Angeles Times, that amounts to mortgage payments totaling $252,075 per month over 30 years, assuming the interest rate is four percent.

The luxury pad boasts 30,000 square feet of living space, a full-sized basketball court, four outdoor swimming pools, a spa and staff quarters across a two-acre estate.

The two finally landed their home after continuously getting outbid over the past three years. While on the hunt, they rented out an L.A. mansion for $150,000 a month.

Now, their million dollar domain trumps David Geffen’s $85 million dollar Malibu purchase earlier this year for the largest purchase in Los Angeles County. It’s the sixth largest sale of a single family home in L.A.

Source: HipHopDX

Beyoncé Jay Z
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