A Malibu Beach Home (in California) was recently listed on The MLS for $125,000.
No, it wasn't For Sale at that price ..... but rather, the $125,000 was the monthly rental.
According to The CLAW MLS, the 5000 sq ft 7-Bed 7-Bath home on the ultra expensive Malibu Colony Road was FOR LEASE at $125,000 a month.
Records indicate the property was only on the market for 16 days before a tenant signed a lease.
Life is good in Malibu!
Pics Courtesy The MLS. Property Listed by Pritchett Rapf and Leased Out by Hilton & Hyland.
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Penn Properties - An Independent Real Estate Brokerage serving Buyers & Sellers in West Hollywood, Hollywood Hills, Beverly Hills and the Greater Los Angeles Area. Now also selling in Palm Springs.
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