James McClain Bob Zangrillo, the Miami-based real estate developer and venture capitalist known for his playboy lifestyle and involvement in the highly-publicized college admissions scandal, has put his part-time Los Angeles home on the market for $48 million.
Located in the exclusive Bird Streets area of the Hollywood Hills, the palatial estate spans more than 1.5 acres, according to listing information, and includes a mansion with sweeping views of the entire L.A.
basin.Tax records say the 14,000 sq. ft. house was built in 1922, though it’s clearly undergone several major renovations and expansions since.
Today, the structure flaunts an ’80s modern look, with blocky architecture and starkly austere decor, though Zangrillo gave the place.
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