Kendall Jenner is a new homeowner.

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The 18-year-old "Keeping Up with the Kardashians" star has purchased a 2 bedroom, 2.5 bath condo for just under $1.4 million.

TMZ reports Kendall paid $1,399,000 for the property, and also took out a $910,000 mortgage.

The unit is in a high rise building near the Westwood neighborhood in Los Angeles. It has 24-hour valet service in addition to a concierge and doorman, and also features a heated pool, fitness center and social room.

The documents are in mother Kris Jenner's name, but sources say Kendall paid with her own money.

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Realtor Farrah Aldjufrie, daughter of Kyle Richards of "The Real Housewives of Beverly Hills" fame, sold the condo to the Jenners.