Looks like Kim Kardashian and Kanye West's love child will have a nice place to grow up -- they just dropped $11 million on a mansion.

The 10,000-square-foot pad is in a gated community in Bel Air, California, but they haven't moved in yet. They're gutting the place to create a 14,000-square-foot Italian-style villa. It will have a gym, a movie theater, a full hair and makeup salon, a bowling alley, a basketball court, and indoor and outdoor pools.

Their neighbors will include Jennifer Aniston, hoops star Chris Paul and -- just in case Kim wants to make another amateur porn film -- Girls Gone Wild mogul Joe Francis