Estate near Chateau Marmont priced at $24.5 million

chateau.jpgIf you've never heard of Bill Tilley, how about Shakey's Pizza? Tillman became a wealthy man by operating Shakey's franchises through a privately held Alhambra company called Jacmar Corp. In 1981, he purchased four acres in the Hollywood Hills for $1.2 million and went on to make many improvements. Tilley died earlier this year and now the estate has been put on the market for $24.5 million. From the WSJ:

The 14-bedroom, 17-bath Tudor-style estate spans seven buildings with a total of more than 20,000 square feet. The main house has handcrafted stained-glass windows and wood paneling that dates back to the 1930s. Across from the main house is the museum, which contains a gym and a wine cellar. Mr. Tilley's son, John, says his father used the museum as his office. A two-story aviary attached to the museum has doves and Asian pheasants. There's also a pool, a tennis court and a pavilion with a kitchen equipped with a teppanyaki station (a steel cooking griddle), sushi bar, barbecue area and wok station. Nearby is a one-bedroom, one-bath caretaker's cottage and behind the museum are two two-bedroom apartments above an eight-car garage.

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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