Robert F. Smith drops $18 million on Malibu’s Carbon Beach

No other LA neighborhood is better-known for its concentration of billionaire homeowners than Malibu’s Carbon Beach — so much so that this strip of land between the PCH and the ocean is often simply (and perhaps unimaginatively) called “Billionaires’ Beach“. Thus, when a property on the Carbon sand recently sold for $18,700,000 (in cash), we […]