A home from home! Kim Kardashian and Kris Jenner ‘invest $5 million in THREE luxury condominiums’ within sprawling new complex complete with spa, fitness studio and private retail park
Mother and daughter have reportedly invested a collective $4,747000 into the luxurious single story flats, located within the purpose-built Avanti community, developed by the The New Home Company in suburban California.
According to the Los Angeles Times mother of two Kim, 37, has parted with $1.6 million for a single unit, while family matriarch Kris, 61, has made individual payments of $1.497 million and $1.65 million for two further properties inside the sprawling complex.
Incorporating Italian influenced architectural flourishes by Design Company Robert Hidey Architects, the complex also includes tasteful Koehler fixtures, subtle custom lighting and two-toner colour schemes.
For the fitness enthusiast there is easy access to a private fitness studio, regular SoulCycle classes, a sweeping pool and club house.
There is also 11,000 feet of space dedicated to retail outlets, with a range of boutiques, cafe’s and restaurants exclusively available for residents of the new, purpose built complex.
Based around a central courtyard complete with outdoor seating area and spa, each condo will feature a balcony and individual deck space, while private garage space will also be available.
Kim and Kris reportedly purchased the three properties off-market through a trust responsible for handling business interests away from their long-running show.
Along with husband Kanye West, Kim had previously invested millions into a 9,000-square-foot Bel Air home, purchased in 2013 for $11million.
A year after they purchased the Bel-Air mansion the couple decided to pick up another property in Hidden Hills for just under $20million that was formerly owned by Lisa Marie Presley.
Variety reports that the Hidden Hills residence has a main house of about 16,000 square feet with eight bedrooms, eight fireplaces and eight full and two half bathrooms.
MailOnline has contacted Kim and Kris’s representatives for further comment.