Last year, David Copley, former owner of the Union-Tribune, purchased the Hollywood home of Bela Lugosi, the former horror film star whose greatest hit was the title role in "Dracula" in 1931, according to the publication "Under the Hollywood Sign." Copley died just before Thanksgiving after suffering a heart attack. He intended to fix up the rundown home, whose "decrepitude was increasingly obvious from the outside," says the publication. In the previous winter, its slate roof had to be tarped because of leaks. A neighbor told the publication that Copley owned several Hollywood homes. According to the Huffington Post Los Angeles real estate section, the home had not been on the market for 40 years, was built in 1926, was called Castle La Paloma, and is on the market for $2.367 million. Zillow.com values the home at $2.566 million.
In 2005, the Union-Tribune alone was worth $1 billion. Copley sold it in 2009 for $51 million. But he obviously still had plenty of bucks. (The Ohio and Illinois papers had been sold for $381 million.) He still traveled the world on his $35 million yacht and kept his late mother's home, Foxhill, for entertainment purposes, although adjoining property is now for sale for development. It will be interesting to see how many Hollywood homes Copley had purchased, if the neighbor's statement is true.
Last year, David Copley, former owner of the Union-Tribune, purchased the Hollywood home of Bela Lugosi, the former horror film star whose greatest hit was the title role in "Dracula" in 1931, according to the publication "Under the Hollywood Sign." Copley died just before Thanksgiving after suffering a heart attack. He intended to fix up the rundown home, whose "decrepitude was increasingly obvious from the outside," says the publication. In the previous winter, its slate roof had to be tarped because of leaks. A neighbor told the publication that Copley owned several Hollywood homes. According to the Huffington Post Los Angeles real estate section, the home had not been on the market for 40 years, was built in 1926, was called Castle La Paloma, and is on the market for $2.367 million. Zillow.com values the home at $2.566 million.
In 2005, the Union-Tribune alone was worth $1 billion. Copley sold it in 2009 for $51 million. But he obviously still had plenty of bucks. (The Ohio and Illinois papers had been sold for $381 million.) He still traveled the world on his $35 million yacht and kept his late mother's home, Foxhill, for entertainment purposes, although adjoining property is now for sale for development. It will be interesting to see how many Hollywood homes Copley had purchased, if the neighbor's statement is true.