The couple, who have three-year-old daughter Blue Ivy, live in New York City but are eager to find a new base in California before they expand their family further, reported Femalefirst.
"They spend a lot of time on the West Coast. They want to have a baby soon and hope to get this done fast," a source said.
The 45-year-old rapper was spotted scouting for properties in Bel Air near Jennifer Aniston and Justin Theroux's home recently, and took a tour of a nearby school the next day.
The couple flew in love with LA again after they rented a Holmby Hills mansion, which is on the market for USD 45 million, for a month over the summer.
A source previously said they splashed out around USD 200,000-a-month on rent for the house during their joint 'On the Run' tour.
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