Pamela Anderson’s Malibu Rental Gets For-Sale Sign
After unsuccessfully seeking renters, it’s not uncommon to see a home listed for sale. Such was the case for Leonardo DiCaprio, who sought a renter for his Malibu home before listing it on the MLS, as well as Nicole Kidman, who tried to rent her New York apartment before deciding to sell.
Now Pamela Anderson is joining the ranks with a new for-sale listing on her Malibu home.
Anderson first listed the home as a Malibu rental last June for $50,000 a month. She may have found someone to lease it — but not for long because the home is now for sale for $7.75 million.
The house is located at 23445 Malibu Colony Rd, Malibu, CA 90265, putting the lucky owner within walking distance of all things Malibu — the epitome of Southern California celebrity-beach living. Steps away from the sand, the teak-sided home measures 2,752 square feet with 5 bedrooms and 3 baths.
According to property records, Anderson purchased the 1959-built house in 2000 for $1.8 million. She hit some financial troubles in 2009, which may have caused the former “Baywatch” babe to look for additional rental income.
Or alternatively, Anderson may no longer need the home as she’s reportedly spending more time in native Canada as well as Switzerland.
The listing is held by Chris Cortazzo of Coldwell Banker. Using Zillow’s mortgage calculator, a monthly payment on Anderson’s home would be $27,855, assuming a 20-percent down payment on a 30-year-fixed-rate mortgage.