Jurors deliberated about two days before recommending life without the possibility of parole instead of a death sentence.
Hollywood was convicted last week of the first-degree murder and kidnapping of Nicholas Markowitz in August 2000 over what prosecutors say was a drug debt owed by his half-brother.
Hollywood also was found guilty of the special circumstance allegations of being a principal in a murder committed in the course of a kidnapping and being involved in a crime in which an assault weapon or machine gun was used, which made him eligible for the death penalty.
Messages left for defense attorney James Blatt and Deputy District Attorney Joshua Lynn were not immediately returned.
The case drew national interest because of the brazen daylight kidnapping of Nicholas, his murder and Hollywood's notorious name.
It captured the attention of the entertainment industry, which made the 2007 movie "Alpha Dog," with Bruce Willis and Emile Hirsch, who played "Johnny Truelove," a character based on Hollywood.
Prosecutors believe Hollywood sought revenge against Nicholas' older half-brother, Ben Markowitz, who owed Hollywood a $1,200 drug debt.
Hollywood, who took the stand in his own defense, said he was afraid of Ben Markowitz after he left threatening messages, poisoned his dog and broke a window at his home — only hours before Nicholas was abducted. Hollywood also said the debt was $2,500.
Hollywood called the taking of Nicholas irrational and not well-thought out. However, he claimed he didn't order the teen's murder nor was he present when the teen was shot and buried in a shallow grave in the hills above Santa Barbara.
Hollywood said Ryan Hoyt, the gunman who was convicted and sentenced to death, acted on his own because of concern about Ben Markowitz finding out about the abduction. Hollywood also said the gun used to kill Nicholas was once his, but he gave it to Hoyt months before the murder.
Hollywood said he was stunned when Hoyt told him the teen was killed.
"I said, 'You gotta be kidding me. What were you thinking?"' Hollywood testified.
Prosecutors did not call Hoyt as a witness, though he was the one person who could definitely say if Hollywood ordered the slaying.
Lynn said in his closing argument that Hollywood liked to have other people do his dirty work for him.
The prosecution contends that Hollywood ordered the boy's death because an attorney had informed him that he could face a life sentence for kidnapping.
Hollywood fled after the slaying and testified he lived in Colorado, the Mojave Desert and various parts of Canada before he was captured in Brazil in 2005.
The case stalled for years after it was learned that Deputy District Attorney Ron Zonen had turned over probation reports, police files and other documents to "Alpha Dog" director Nick Cassavetes.
Zonen said in court documents that he gave the files to Cassavetes to help publicize the hunt for Hollywood. An appeals court removed Zonen from the case, but the state's highest court and the U.S. Supreme Court eventually ruled that he and the district attorney's office could stay on the case.
However, Lynn was assigned to try Hollywood.