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Hollywood Hills party palace goes on the market

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A Hollywood Hills party palace owned by English glamour photographer Richard Franklin is listed at $7.5 million.

The renovated 1990 house has been rented long- and short-term to a string of entertainment figures including actor Fabio, hip-hop label Def Jam cofounder Russell Simmons and rapper Sean “Diddy” Combs.

Designed as a bachelor pad and photo studio, the 6,500-square-foot home features a two-story disco, a theater with a floor-to-ceiling movie screen, a casino, a gym and an eagle’s nest deck at the top of the house. The seven-level house was built in 1990 and updated over the years. Outdoor amenities at the four-bedroom, 51/2-bathroom house include a grotto with a hot tub, a pool and a canopied deck.

Patrick Norman of Rodeo Realty’s Beverly Hills office is the listing agent.

lauren.beale@latimes.com

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