Bing Crosby's Valley estate on the market

Bing Crosby's old Toluca Lake estate is up for sale: just $6.595 million for almost two acres, a main house with 6 bedrooms and five fireplaces, plus pool, cabana and tennis court. In 1936, when the home on Camarillo Street was built, Toluca Lake was becoming the residential capital of Valleywood due in part to the proximity to Universal, Warner Bros. and Republic Studios. Crosby and Bob Hope, whose longtime home was on Moorpark Street, were the biggest of the local stars. Crosby later moved away, but he does get credit for a 1944 hit song that changed everything: "San Fernando Valley."