*Drake may have lost his rap war with Kendrick Lamar, but he’s out to score a win in the world of real estate According to Rolling Out, the 6 God has put his Beverly Hills mansion on the rental market for $250,000 per month.
Although he could easily sell the residence outright the outlet mentioned that Drake’s strategy with the residence is “A calculated option to make his Beverly Hills estate an underutilized asset in his portfolio.”
As a result, the “God’s Plan” entertainer retains ownership of the property while generating substantial monthly income that provides flexibility in future real estate decisions, if market conditions or personal preferences change.
Noted for being Beverly Hills’ largest residential property within the coveted 90210 zip code. the Tuscan-inspired estate, which Drake bought from British music hitmaker Robbie Williams in 2022 for $75 million, boasts the following amenities:
- 20 meticulously maintained acres
- 20,000 square feet of refined living space
- Carefully manicured gardens
- 10 bedrooms and 22 bathrooms
- An 11-vehicle garage complex
- A private elevator system
- An expertly curated wine cellar
- A cultivated personal orchard
- Custom architectural details throughout
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On the inside, classic Tuscan architecture and modern luxury amenities are mixed for the mansion to illustrate its capability to accommodate private living and large-scale entertaining. The garage complex adds to the vibe ample space for a luxury vehicle collection and an elevator system designed for convenient access throughout the multi-level estate.”
Drake’s real estate moves are the latest in a string of developments that have brought even more attention to the property. As it stands now, the “Started From the Bottom” rhymesayer is still reeling over the fallout from beefing with Lamar. So much so that he turned the situation into a legal matter with his defamation lawsuit against Universal Music Group (UMG) over Lamar’s hit diss song “Not Like Us,” a move that’s drawn criticism from rapper turned podcaster Joe Budden.
The former Slaughterhouse member, who has gone beyond legalities with analyzing Drake’s public persona and its evolution over time, isn’t alone The hip-hop community has weighed in on the suit via discussions about the changing nature of conflict resolution in the industry and Budden’s spotlight on a perceived shift from traditional hip-hop confrontation methods to more corporate legal approaches.
Despite the public scrutiny, an opportunity exists for Drake to enhance his real estate management experience with opting to rent instead of sell.
“The property’s status as a rental offering adds another dimension to Drake’s public profile, demonstrating his ability to adapt investment strategies while maintaining ownership of significant assets,” Rolling Out mentioned. “This approach could influence future decisions in his real estate portfolio management, while also reflecting broader trends in luxury real estate among high-net-worth individuals in the entertainment industry.”
For more about Drake’s real estate dealings, click here.
MORE NEWS ON EURWEB: Legal Showdown: Drake Accuses Universal Music of Exploiting Kendrick’s ‘Not Like Us’ for Profit
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