TMZ has learned the place they've rented since February has been sold and they have to be out lock, stock, and barrel in 60 days. Beyonce and Jay dropped $150k a month on the 16,000 square foot Holmby Hills estate ... this after looking in vain for a place to buy in the L.A. area. 

Beyonce and Jay Z  LA home
It appears they weren't interested in outbidding the buyer, who agreed to pay $35.5 million for the pad. So the task at hand is now finding new digs, and we're told the couple is already on the hunt in Beverly Hills, Bel-Air and Holmby Hills. 

Side view of Beyonce and Jay Z home in Los Angeles
Front view of the expansive property Beyonce and Jay Z live in Los Angeles
One of the living rooms in the massive apartment Beyonce and Jay Z live in Los Angeles
Read more: http://www.tmz.com/2015/09/10/beyonce-jay-z-kicked-out-holmby-hills-rental-home-sold/#ixzz3lL0uhnFq