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Iggy Azalea Makes Huge $1 Million Profit While Selling Her Home For $8 Million

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Iggy Azalea raises $1 million in profit after flipping her sprawling Los Angeles mansion for $8 million just a year after purchase

Iggy Azalea has made an impressive profit after she knocked over her beautiful home in the Hidden Hills area of ​​Los Angeles.

After spending $7.15 million in estate last year for a five-bedroom house, the rapper has now sold it for a dazzling $8 million, pocketing a tidy $750,000 for the star.

Spread across 4,289 square feet of prime real estate in the glitter-laden enclave of Hidden Hills, the 31-year-old only owned the home for just 365 days and bought the property last June.

Cha Ching! Iggy Azalea has made a whopping $750,000 in profit after flipping her California digs for $8 million — after buying it for just $7.15 million last year

Rapid turnaround: Iggy, whose real name is Amethyst Kelly, bought the house last June for $7.15 million

Rapid turnaround: Iggy, whose real name is Amethyst Kelly, bought the house last June for $7.15 million

The house, built in 1963, sits on a 1.06 acre lot in a gated community.

While Azalea did not explain why she decided to list the property so soon after purchase, she previously spoke of a conflict with her neighbor over renovations.

The Mo Bounce artist tweeted on June 3 last year: “Day 1 living in my new house and my bored housewives, a** neighbor already tried to betray me for building my own f***in house.”

Spacious: The house listed by the Australian rapper spans 5,228 square feet with four bedrooms and three-and-a-half bathrooms with a spacious lagoon area

Spacious: The house listed by the Australian rapper spans 5,228 square feet with four bedrooms and three-and-a-half bathrooms with a spacious lagoon area

Step inside: The entrance of the house has wooden doors with a stone terrace

Step inside: The entrance of the house has wooden doors with a stone terrace

Beautiful greenery: the house, built in 1963, is located on a plot of 1.06 hectares in a gated community

Beautiful greenery: the house, built in 1963, is located on a plot of 1.06 hectares in a gated community

“She doesn’t know that fucking her is now my new hobby and life’s work,” she declared.

Listed by Shari Huntington and Tyler Van Patten of Coldwell Banker Realty, the home includes a full kitchen, double-height living room, and a spacious loft.

According to Dirt.com, Azalea hoped to make even more money from the sale, initially selling the home for $8.5 million.

Awkward: Azalea made headlines after being involved early on in a conflict with a neighbor over renovations she was making

Awkward: Azalea made headlines after being involved early on in a conflict with a neighbor over renovations she was making

Tense: Iggy claimed she made it her new hobby to 'fuck' her neighbor

Tense: Iggy claimed she made it her new hobby to ‘fuck’ her neighbor

Striking: one room in the house features a fireplace with a TV and a table with plush chairs

Striking: one room in the house features a fireplace with a TV and a table with plush chairs

The house features five bedrooms, five bathrooms and a total internal living space of 485 square meters.

It also includes a large living room with vaulted ceilings and a large fireplace, a master suite and a spacious combination pool and spa.

The musician’s home is connected to a Sonos speaker system inside and out.

According to the listing, Azalea has also obtained permits for potential buyers “to extend and renovate the front facade of the house and the interior entrance, including the construction of a porch, a complete renovation of the driveway and the motor track.”

The luxurious enclave of Hidden Hills is home to several celebrities, including Kim Kardashian, Kanye West, Drake and Madonna.

Exercise room: an upper floor of the house is equipped with an exercise bike and a wooden panel floor

Exercise room: an upper floor of the house is equipped with an exercise bike and a wooden panel floor

Space to play: the luxury property has a basketball court shrouded in trees

Space to play: the luxury property has a basketball court shrouded in trees

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