UPDATE: After only a few weeks on the market, Kanye's home has already snagged a buyer! As of March 12, 2013, a sale is pending on the house.
Kim Kardashian's other half purchased a three-bedroom, four-bathroom property back in 2003 for $1.7 million.
Kanye was poised to make a huge profit when he listed the home for over $4 million back in 2010.
Though he's cut more than $700,000 off the asking price this time around, Kanye will still make out pretty well.
Mr. West is now willing to accept somewhere in the ballpark of $3.3 million for his former bachelor pad, which isn't too shabby, either.
Given that Kimye just picked up an $11 million dollar home in Bel-Air, we're guessing they're not going to lose any sleep over a couple hundred thousand dollars!
—Reporting by Claudia Rosenbaum
(Originally published March 4, 2013, at 1:48 p.m. PT)