Los Angeles mansion featured in ‘The Dropout’ sells for $34.5M – Rob Report

Ryan Lahiff

It took nearly four years and significant price cuts, but a Los Angeles real estate investor has finally unloaded his luxury neoclassical-style estate in a prime Holmby Hills neighborhood for $34.5 million. Although that’s far less than the $49.5 million Saeed Farkhondhapour originally wanted, it’s still more than the $4.5 million he paid for the place just over two decades ago.

Records show the buyer considering the discount 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 healthcare providers. He previously founded AppleCare Medical Group, where he was President and CEO for more than 20 years.

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 nearly $4.5 million in late 2002 for the 1.5-acre plot, and then razed an existing 1940s house originally designed by architect A. Quincy Jones to make room for the new residence.

If this particular house looks familiar, it may be because it stars in it leakage, Hulu’s limited series that was a hit last year. On camera, this massive estate depicted a real-life Atherton, California mansion, once owned by disgraced biotech entrepreneur Elizabeth Holmes (Amanda Seyfried) and Sunny Balwani (Naveen Andrews).

Per Zach Mustam of Carrollwood Estates, who kept the listing with Leah Porter of Beverly Hills Estates, the property includes a three-story main house with six bedrooms and 10 bathrooms, plus a separate two-story guesthouse with four bedrooms and three bathrooms — for a total A whopping 21,000 square feet of European-inspired living space decorated with its share of modern amenities.

As for the main quarters, highlights of the main level include a soaring entry foyer showcasing a double glass staircase that flows seamlessly into a spacious atrium-style living area featuring a linear fireplace and floor-to-ceiling glass walls. There’s also a fireplace-side living room, formal dining room, gourmet kitchen equipped with two islands, top-notch Gaggenau appliances, and an accompanying breakfast nook, plus an upstairs master retreat featuring a balcony, showroom-style closet, and a luxurious bathroom.

Elsewhere is an office lined with bookshelves, a high-tech movie theater, a game room equipped with a wet bar, a wine cellar, a gym, a sauna, and an underground garage that can hold at least 13 vehicles; Outdoors, the picturesque grounds are filled with gardens, hosting a pond, sporting fountains and a pedestrian bridge, as well as a pool and spa surrounded by a pergola with a BBQ, bar, sunken fire pit, gazebo and tennis court.

Jivrajka was represented in the transaction by Ram Handa of Hilton & Hyland.

Click here for more photos of The Dropout Mansion.