Middle East
Fortune struck for these Syrian migrants, but can they make it in California?
Real Estate

Former Georges Marciano homes for sale

This story has been corrected. Please see note below for details.

A trio of Beverly Hills trophy estates once owned by Guess co-founder Georges Marciano are being sold through a bankruptcy proceeding.

Marciano, 65, was countersued for defamation in 2008 by seven former employees who he alleged had embezzled millions of dollars. A jury awarded the employees $470 million, which the judge later reduced to $260 million. The sales are subject to court approval.

The most expensive property is the former home of Columbia Pictures honcho Harry Cohn and, later, talk-show host Mike Douglas. Listed at $24.5 million, the 19,590-square-foot house sits on 2 acres with two two-bedroom guesthouses, a sunken tennis court, a swimming pool, lush gardens and a motorcourt where Marciano sometimes parked 11 Ferraris.

The Italian Revival two-story, built in 1927, opens to a two-story wood-paneled foyer leading to a sweeping staircase. Features include a billiard/game room, a card room, two kitchens and a screening room.

Also for sale at $8.25 million is a Paul Williams-designed traditional-style house with tennis court that has been remodeled. The two-story, 8,000-square-foot home is behind gates on more than an acre. Features include master suite access to the swimming pool and a total of six bedrooms and eight bathrooms.

The third Marciano home, another two-story traditional, is listed at $10.9 million. Set on nearly 1.5 acres with a guesthouse, pool and tennis court, the 11,032 square feet of living space include a two-story foyer with circular staircase, nine bedrooms and 11 1/2 bathrooms.

Linda May of Coldwell Banker's Beverly Hills North office is the listing agent for all three properties.

[For the Record, 8:07 a.m. May 31: The headline and text of an earlier version of this story said Georges Marciano owned the homes. They are being sold by a trustee as part of bankruptcy proceedings.]


Copyright © 2015, Los Angeles Times