Hong Kong Retail Magnate Pays Cash for Surfing Legend’s Refurbished Malibu Home
Jaman Properties put the newly gussied-up home on the market in early May for just under $7.5 million, and it was quickly sold for $7.2 million in an all-cash deal that closed this week. Well-placed sources reveal the new owner as a Hong Kong-based retail magnate who bought the place without ever having stepped foot on the property.
Source: Dirt