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Holmby Hills forms the lower third of the famous "platinum triangle" of exclusive real estate on the west side of Los Angeles that includes Beverly Hills to the northeast and Bel Air on the northwest border. Although Holmby Hills may not have the recognizeable cachet of its two platinum neighbors, it boasts perhaps the priciest and most well-known private mansions in a city of movie star homes. The neighborhood is now notable for the most-expensively priced home in California to-date: the $150,000,000 dollar Aaron Spelling estate.
The history of Holmby Hills goes back to Don Maximo Alanis, a Spanish soldier who first obtained title to the neighborhood's 4,438 acres under a Mexican land grant in 1843. By 1884, about 2,000 acres of this land came into the possession of a forty-niner named John Wolfskill, who paid $10 an acre for it and built a ranch house near the present-day Mormon Temple in Westwood.
By the1920's the land had passed into the hands of Arthur Letts and his son-in-law William Janss who also developed much of adjoining Westwood and the brand new UCLA campus. Renamed Holmby Hills, the area was envisioned as an exclusive neighborhood that would feature Tudor-style homes similar to Arthur Lett's own residence.
The relatively low profile of the area attracts some of the world's wealthiest and most famous personalities. Current or former residents have included Gary Cooper, Barbra Streisand, the previously-mentioned Aaron Spelling, as well as Sonny & Cher. And then there is the 1927 mansion onced owned by Arthur Letts Jr. on Charing Cross Road that now belongs to one Hugh Hefner. . .
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| The $150,000,000 Aaron Spelling estate |
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