It took roughly four years and a couple of big price chops, but a Los Angeles real estate investor has finally managed to unload his lavish Neoclassical-style estate in a prime Holmby Hills neighborhood for $34.5 million. And though that’s far less than the $49.5 million Saeed Farkhondehpour originally wanted, it’s still loads more than the $4.5 million he paid for the place just over two decades ago.
Records indicate the discount-minded buyer is local interventional cardiologist Vinod Jivrajka, who currently serves as chairman of Episource Clarity Platform, which specializes in risk-adjustment services, software and solutions for health-care providers. He previously founded AppleCare Medical Group, where he was president and CEO for more than 20 years.
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Tucked away behind walls and gates—just a few doors down from the Playboy Mansion, and not too far from Spelling Manor—the mansion was custom-built by Farkhondehpour in 2020. Records show the real estate investor paid roughly $4.5 million in late 2002 for the 1.5-acre parcel, then subsequently razed an existing 1940s home originally designed by architect A. Quincy Jones to make way for the new residence.
If this particular house looks familiar, it might be due to its starring role in The Dropout, the Hulu limited series that became a huge hit last year. On camera, the massive estate portrayed the real-life Atherton, Calif., mansion once owned by disgraced biotech entrepreneur Elizabeth Holmes (Amanda Seyfried) and Sunny Balwani (Naveen Andrews).
Per Zac Mostame of Carolwood Estates, who held the listing with Lea Porter of The Beverly Hills Estates, the property features a main three-story house with six bedrooms and 10 baths, plus a separate two-story guesthouse with four bedrooms and three baths—for a whopping total of 21,000 square feet of European-inspired living space decked out with its share of modern amenities.
As for the primary quarters, main-level highlights include a soaring entry foyer displaying a dual glass staircase that flows seamlessly to an expansive atrium-style living area boasting a linear fireplace and floor-to-ceiling walls of glass. There’s also a fireside living room, formal dining room, and gourmet kitchen outfitted with two islands, top-tier Gaggenau appliances and an accompanying breakfast nook, as well as an upstairs master retreat flaunting a balcony, showroom-style closet and luxe bath.
Elsewhere is a bookshelf-lined office, high-tech movie theater, wet bar-equipped game room, wine cellar, gym, sauna and subterranean garage with room for at least 13 vehicles; and outdoors, the picturesque grounds are laced with gardens, and host a pond sporting fountains and a footbridge, along with a pool and spa flanked by a pergola with a barbecue and bar setup, sunken fire-pit, gazebo and tennis court.
Jivrajka was repped in the deal by Ram Handa of Hilton & Hyland.
Click here for more photos of The Dropout mansion.
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