Sorry it's taken me almost six years to be the one to respond with the answer to this!
As one of the biggest fans of this version of "A Star Is Born", I am lucky to have in my posession, many official press sheets and publicity files from Warner Bros. and I remembered I had read the answer you were after. But, being a film that was made amost 40 years ago, naturally my print materials were all in storage and I had to go searching for it. Took me a while (and a bit of reading) but never the less here is your answer:
The 26-room Los Angeles mansion doubling for the home of John Norman Howard in the film is called 'Grayhall' on Carolyn Way in Beverly Hills. It was owned (and rented to the film makers) by the late controversial millionaire Bernie Cornfeld.
Grayhall mansion was built in 1909 and was mostly occupied by Cornfeld who owned other properties around the world and who also leased it at one time to Douglas Fairbanks.
According to Wikipedia, Bernard "Bernie" Cornfeld was born in Istanbul in 1927. He was a prominent businessman and international financier who sold investments in US mutual funds, and was tried and acquitted for orchestrating one of the most lucrative confidence games of his era.
He died of a stroke in 1995 at the age of 67.
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