James Franco in the Hollywood Hills, Estate of the Day
Filed under: Estates, Celebrity Shopping
What is going on with James Franco recently? First the young movie star raised eyebrows with the news that he would be starring on the soap opera "General Hospitial" and now he has put his Sunset-Strip area home on the market. The LA Times Hot Property column reports that Franco has listed his Sunset Strip-area compound for $3.695 million. The Spanish-style villa located very near Chateau Marmont was built in 1923 and has three bedrooms. The home, which has vaulted and beamed ceilings and an open floor plan has had a major renovation. It looks to be extremely well-staged for maximum appeal so I don't think this decor reflects Franco's tastes. The home was bought through a trust in 2006 for $2.325 million. The master bedroom suite includes views of the city and a large bathroom with a striking 19th century marble bathtub. There is a pool and a small guest house on the property. The listing is here.
How do you rack up a $1 million dollar hotel bill? It's not easy, even if you're staying at the $37,000 per night 
