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These days, a poverty-stricken Ludacris is into the realty business. The “Area Codes” rapper just sold his swanky West L.A. penthouse condo and moved into the Hollywood Hills.

TMZ obtained photos of the 2 bed, 2-bath West L.A. condo he sold for $830K, making a profit of some $161K since he forked over $669K for the place back in 2002. Luda also auctioned off a second unit in the same building, this time losing a couple hundred grand.

It’s worth noting that the rapper paid $4.8M for a luxurious mansion up in the Hills of Hollywood, while maintaining a $2.8 million crib in his native Atlanta. This from the same guy who’s allegedly pleading poverty in his child support case.

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Photo: WENN