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The song's guitar solo was attempted by seven top studio session guitarists ‒ including Robben Ford and recurring guitarist Larry Carlton (who wrote Room 335 because of the solo played by Graydon) ‒ before Jay Graydon's version became the "keeper". He worked on the song for about six hours before the band was satisfied.Jay Graydon spoke about his famous guitar solo in a 2014 interview:

"Fortunately, I had no problems on sessions as to nailing a part, but know this—every first call studio guitarist that has played solos has been replaced by another guitarist at least once. It's just part of being a studio musician.”

Michael McDonald can be heard providing multi-tracked backup vocals in the choruses, and keyboardist Paul Griffin can also be heard improvising background vocals in the final chorus and fadeout. The song could be a reference to Broadway star and one-time Hollywood actress Peg Entwistle, who became famous in 1932 by jumping to her death off the Hollywoodland Sign before her first film was ever released.