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Michael Jackson's New Crib

12/22/2008 1:26 PM PST BY TMZ STAFF

He's been teetering on the financial brink for years, yet we've learned somehow Michael Jackson has rented a home in one of the most exclusive areas of L.A. for a whopping $100,000 a month.

Launch photos
The $38 million Holmby Hils pad has seven bedrooms, 13 baths, 12 fireplaces, a screening room and, of course, a cellar for Jesus juice. For sleepovers, there's a guest house, swimming pool and garden.

The deal was inked several weeks ago under a heavy-duty confidentiality agreement. Michael already has stayed there.

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