2980 Hollyridge Drive
Los Angeles, CA, 90068
$5,295,000
MLS: 25585293
Beds
4
Baths
8
Sq Ft
6,408
Lot
1.08 ac
Year Built
1984
MLS #
25585293
Days on Market
121
Listed
Sep 8, 2025
Description
JUST REDUCED! MAJOR PRICE REDUCTION! Outstanding opportunity to acquire an extraordinary 1+ acre compound featuring three separate structures set behind a gate at the end of a private driveway above Hollyridge Drive. The main residence, freestanding guest house, and separate studio above the detached garage provide an abundance of functional space in which to live, work, and entertain amidst a sprawling landscape affording a remarkable sense of privacy. Sited perfectly along a vast ridge and high above the canyon, you will marvel at the unobstructed views of the Downtown Los Angeles skyline, the Griffith Observatory, and the iconic "Hollywood" sign all visible from your own backyard. Distinctive1980's architectural designed by Michael Pearce and Richard Clemenson highlighting many of the characteristic details of the era, including large picture windows, glass block, bleached oak floors, a breezy pastel color palette, and multiple patios & terraces from which to take in the incredible 280-degree wrap-around vistas. The main residence consists of 3 bedrooms + 6 baths with a flex room and an upstairs loft currently configured as an entertainment space & office and poised for reimagination as a dramatic 2-room primary suite. Full separate guest house located at the opposite end of the property features a living room/lounge crowned with a dramatic atrium ceiling, kitchenette, 1 bedroom, 2 baths, and multiple French doors leading to assorted patios bordered by a canopy of trees and lush greenery. The expansive grounds consist of multiple outdoor areas including rolling lawn, a swimming pool, lounging decks, flower & cactus gardens, BBQ station, and a vast flat grassy pad providing the ultimate play area. Ideal for a developer, owner/user, artist, or rock star seeking privacy and the space to create an art or recording studio in a separate detached structure. The longtime home of legendary television writer/producer David Jacobs, creator of the classic drama series DALLAS and spinoff KNOTTS LANDING, who along with his wife and children, acquired a sequence of lots over a span of years to create this one-of-a- kind estate still brimming with possibilities and unlimited potential. Utterly unique & memorable. No sign on property.
Location
Los Angeles, Los Angeles County, CA 90068
Open on Google Maps ↗Listed by: Ed Solorzano · Berkshire Hathaway HomeServices California Properties
Payment estimate
$37,081
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $529,500 · Loan: $4,765,500
- Principal & Interest
- $29,280
- Property tax (1.25%)
- $5,516
- Homeowners insurance
- $300
- Mortgage insurance
- $1,986
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $185,325 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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