SELLER: Suge Knight
LOCATION: Rambla Pacifico Street, Malibu, CA
SIZE: 8,272 square feet, 7 bedrooms, 9.5 bathrooms
DESCRIPTION: Subject to Bankruptcy Court approval. Sold As Is. Addendum to accy all offers. Wide ocean views from luxurious rooms with soaring ceilings. Perched above La Costa and Carbon Beaches, this impressive gated estate was built in 2000 on a 6.79 acre Knoll top lot and is being offered with the adjoining 2.11 acres for a total of 8.76 acres. Parcel 4451-011-074 is a legal lot which can be developed as a separate home or build your family compound. Purchase price does not include any personal property
YOUR MAMAS NOTES: The saga of Mister Suge "Sugar Bear" Knight never seems to end. The Compton bred founder of Death Row Records, who reportedly has long standing ties to the scary-ass Bloods gang, became the king of the gangsta rap and thug culture heap in the early 1990s after signing and making stars of difficult to manage artists like Tupac Shakur, Dr. Dre, and Snoop Dogg.
Your Mama, not a fan of gangsta rap ourselves, first came to know who this Mister Suge Knight is when stories and rumors circulated in the tabs that he dangled that disturbing and angry proto-"whigga" Vanilla Ice off the balcony of a hotel. We don't know if that actually happened, but it's spine tingling to think it might have.
Anyhoo, Mister Suge Knights rap empire began to quickly fracture in the mid 1990s, after Tupac Shakur was gunned down on the streets of Las Vegas while riding in a car driven by Mister Suge Knight. Shortly thereafter, Shakur's rival Notorious B.I.G. (aka Biggie Smalls) was gunned down in a similar way. Although neither murder was ever solved, there have always been rumors and whispers that Mister Suge Knight was somehow involved. Now children, we are NOT saying he was involved, because Your Mama does not know shit about what's true with this stuff. What we're saying is that it is not hard to find reports that suggest he MAY have been involved.
Then there was the time when Mister Knight was shot in the leg at a MTV Video Music awards party in Miami hosted by Kanye West. Lahwd children, this gangsta rap world is no place for the meek, the mild, or the unarmed, is it?
Anyhoo, the senseless murders of Shakur and B.I.G. marked the beginning of the end of Death Row records dominance in the rap music bizness. It also marked the beginning of Mister Suge Knight's revolving door relationship with the Southern California prison system. Although the bearded and cigar smoking music mogul was in and out of prison several times for various reasons in the late 1990s and early 2000s, he still managed to scrape the cash together to buy this big Malee-boo mansion.
Even in April of 2002, when property records reveal that Mister Suge Knight purchased this mansion for $3,750,000, he had been desperately struggling to keep his financial ducks in a row for years. Circumstances became truly dire when he was forced to pay a million dollar settlement to a woman who claimed her prison living crack dealer husband co-founded Death Row Records and was therefore entitled to a 50% stake in the failing bizness.
The suit blew open the flagging finances of Mister Knight and Death Row Records, and was ultimately the nail the coffin of Mister Suge Knight's high flying pocketbook. Shortly thereafter, according to an article on The Smoking Gun, Mister Knight was compelled to file for Chapter 11 Bankruptcy, claiming he had $11 in his checking account, no income whatsoever, monthly expenses of about $30,000, and $137,400,000 in debt.
And this house in Malee-boo, of course. After some time of being tied up in bankruptcy court the property is being sold off to cover some of his massive debt. Even if the house sells at it's asking price it's just a drop in the bucket of Mister Suge Knight's staggering and overwhelming debt.
Located at the end of a long private drive off Rambla Pacifico, the house occupies a very private and choice promontory overlooking the sands of Malee-boo and the twinkling lights of the ocean front compounds along ultra exclusive and hideously expensive Carbon and La Costa beaches. Although we're not fond of the house itself, it's just a big non-descript mansion after all, we can understand why someone might want to live in this location. And we all now what they say about the first rule of real estate; location, location, location.
From the photographs, day to day maintenance on the house ceased a long time ago. Sadly, weeds fill the planting beds, the swimming pool has been drained, and the house has a sun scorched loneliness about it.
We can only hope some Richie Rich will by this forgotten house and massage it back into a glistening Malee-boo mansion.
As for Mister Suge Knight, well, it seems he's moving onward, forward, and upward. Reports say he's no longer pushing, marketing, or intending to glorify thug culture and has turned his sights towards a more humble lifestyle. Well, good for Mister Suge Knight. Your Mama truly wishes the man a more relaxed life, and we sincerely hope he never sees the barrel end of a gun again.
Sources: The Smoking Gun, NY Post, Karisable, Musician Guide, MTV