Developer Embroiled in College Admissions Scandal Seeks $48 Million for L.A. Mansion

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.

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