August 05, 2010 06:21:48 GMT
The California mansion where the King of Pop passed away has been placed on the market after its owners failed to rent it out with an asking price of 300,000 dollars a month.
The California mansion where Michael Jackson died in 2009 is up for sale for a cool $28.9 million. The King of Pop had been renting the Holmby Hills property in the months before his passing on June 25, 2009 and his fashion designer pal Christian Audigier subsequently made arrangements to buy the house through his Ed Hardy clothing company to use as the firm's headquarters.
There were also plans to turn the building into a Jackson museum and open it up to the public, but Audigier failed to obtain authorization from local officials for the idea and the venture was scrapped. Now the sprawling estate has been placed on the market after its owners failed to rent it out with an asking price of $300,000 a month, according to RealEstalker.
It's not the first time the Holmby Hills house has gone on the property market - TMZ claims the seven bedroom home, which also boasts 13 toilets and a seven-car garage, was previously listed in 2008 for $38 million.