Kylie Jenner and Travis Scott bought a house for $ 13,450,000, a PEOPLE real estate source confirmed.
The make-up magnate, 21, and her 26-year-old rapper boyfriend, who share their 8-month-old daughter Stormi, divide the cost of the house, which they closed two weeks ago, according to the source.
"The new home of Kylie and Travis in Beverly Hills is spectacular, contemporary but very warm at the same time, the property is also very private," the source told PEOPLE.
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Despite the eight-digit price tag, the source says: "They got a good deal. The house had been in the market for a year and a half. "
Jenner's business prowess – Forbes Kylie Cosmetics, recently valued at $ 900 million, could also have helped close the deal. "Kylie is a tough negotiator and a business woman. I wanted the house and got a good price for it, "explains the source.
Even so, the couple divides the cost, according to the source. "She bought it with Travis, most of them bought it as an investment, but it looks like they plan to stay there too."
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The 9,000-plus-square-foot home has 7 bedrooms and 10 bathrooms and is at the end of a dead end street. The master suite only comprises 2,300 square feet. There is also a separate guest house and pool on the 1.1-acre lot.
Jenner already has an impressive real estate portfolio established around Los Angeles and regularly buys and sells million-dollar homes. She has spent approximately $ 40 million on properties (including this new house) in the last two years.
Jenner's main residence these days is a $ 12 million house in Hidden Hills that he collected in October 2016, according to Trulia.
In September, he slightly reduced his collection of houses, selling a $ 6.7 million house in the same area in an off-market deal and leaving the empty lot next door for $ 5.35 million.
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Until recently, his impressive real estate portfolio also included another home next to the $ 6.7 million site he allegedly bought for $ 4.5 million in August 2016 with the intention of turning it into the headquarters of Kylie Cosmetics. It returned to the market just a few months later, as quoted in December 2016 for $ 5.4 million, according to Trulia.
She bought her first house in the vicinity of Calabasas, at only 17 years old, for a total of $ 2.7 million.