According to Variety, the couple have accepted the offer for their lavish property located in Bel Air.
It's sure to be a weight off their shoulders after they spent years - as well as millions - trying to renovate it into their dream house.
The couple forked out $9million for the estate before their daughter North was born in 2013.
Shortly afterwards they decided to follow through with several extensive renovations and moved in with Kim's mum Kris Jenner in Calabasas.
In the end the couple, who welcomed son Saint in December, never lived in the property and instead found a new three-acre estate in the Hidden Hills.
Even though it may seem like Kim and Kanye have made a profit on the sale, it's far from what they wanted.
According to reports last year, the pair were looking for around $20million on account of the amount of money they'd poured into making it their dream home Kim recently confirmed why they were giving up on the digs during the season finale of Keeping Up with the Kardashians.
She told BFF Jonathan Cheban : "It's too much to move here to get it perfect."
We have contacted Kim and Kanye's reps for a comment.
The cash from the sale could certainly go quite a way to helping out Kanye after he claimed to be in $53million worth of debt.
In a series of bizarre tweets, the rapper claimed he owed thousands and even appealed to billionaire Mark Zuckerberg for help.
Earlier this week it was reported that Kim was 'embarrassed' by her husband's behaviour but vowed to stick by him .
A source told PEOPLE: "At the end of the day, she is 110 percent committed to keeping her family together, and there won't be anything that will ever get in the way of that."
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