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2980 Hollyridge Dr, Los Angeles, CA, 90068

4beds
8baths
6,408sqft
$4,500,000
$702price/sqft
$27,757/moest. monthly cost
$1,110,280/yrincome needed

About This Home

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.

Getting Around

38
WalkingCar-Dependent
27
TransitSome Transit
31
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1984

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential,Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Full bathrooms: 1
  • 3/4 bathrooms: 4
  • 1/2 bathrooms: 3

Property

Lot

  • Lot size: 7,771 sqft

Parking

  • Total spaces: 5
  • Parking features: Driveway,Garage - 2 Car,Driveway Gate,Garage Is Detached,Gated,Open
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $22,754$273,048
Home Insurance *$1,117$13,404
Property Taxes $2,512$30,144
Electricity $1,374$16,489
Total$27,757$333,084
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$951,668/yr
40% on housing$832,710/yr
45% on housing$740,186/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$702This listing

vs Other Active Listings

Avg $/sqft

ZIP 90068$839
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90068$883
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

No price history available

For Sale by Agent

AgentEd Solorzano
BrokerageBerkshire Hathaway HomeServices California Properties

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