Handbag heir Olaf Guerrand-Hermès shells out $120k/month on the Malibu sand

Pristine beaches, rugged mountains, scenic PCH. Celebrity sightings. Wannabe celebrity sightings. Nobu. Malibu is California’s most famous beachside community for all those reasons and more. Correspondingly, it is also California’s most expensive beachside community. The blistering prices extend not only to for-sale properties but also to vacation rentals, like the one we shall discuss today. […]