While the asking price for the Sunset Boulevard site -- now occupied by KTLA-TV, Tribune Entertainment and Tribune Studios -- hasn't been divulged, one real estate expert thinks it will fetch about $175 million, the Los Angeles Times reported Thursday.
City officials said they hope the Tribune Co. property, which includes a colonial-style mansion, will continue to be used for entertainment-industry purposes, but in Hollywood's hot condo market it could wind up as housing.
And just maybe someone will put up a plaque noting Al Jolson recorded the words and songs for "The Jazz Singer" there in 1927, the first time a movie was made with sound.
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