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Need Cash? Consider Putting Up a Guest House on Point Dume

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"AWESOME ARCHITECT’S own beautiful gated home on Pt. Dume," says the listing for this little guest house, which comes with both a kitchen and a bathroom, plus gas, water, and electric. But it also says this is new construction, so we're thinking an architect who lives on the property though up a a good way to make a little extra scratch. A few walls, a little plumbing, couple of appliances, et voila: rental income of $1,200 per month. No pets and no smoking.
· $1200 Point Dume Guest House (Malibu, CA) [Craigslist]