As AOL reports this home in Malibu where they do not even own the land which is another $2,000 a month but just the property and which is just 2 bedroom 2 bathroom with 2300 square feet is selling for $2.5 million more than a typical mobile home. The area is home to artists and those without a view typically go for around $300,000-$600,000.
The reason as it typically is in real estate is location. It has great views of the Santa Monica Bay and is near other traditional homes with great views but those go as high as $45-55m.
Source: AOL
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