Cav1.2 is the most prominent L-type voltage dependent Ca2+ channel in heart and brain constituting ∼80% of total L-type channels. L-type channel controls calcium influx and its regulation by alpha-actinin. The exact function of alpha-actinin in the cell is not clear. However, our studies have shown that alpha-actinin is critical for the activity of L-type Ca2+ channels as it links membrane to the cytoskeleton. We seek to understand the molecular details of how specific channel subunits or associated proteins, such as alpha-actinin and the ubiquitous Ca2+-binding protein calmodulin, regulate the function of voltage-gated Ca2+ channels in brain and heart. In the present study, we employed biochemical and fluorescence anisotropy techniques to identify the exact binding site for alpha-actinin on the cytoplasmic C-terminal tail of the Cav1.2. Our findings indicate that the residues 1507-1733 of alpha1 subunit serves as a common binding region for alpha-actinin and CaM under Ca2+-depleted condition. Intriguingly, this binding is directly antagonized by Ca2+/calmodulin. Furthermore, we investigated the affinity of alpha-actinin for different peptides within 1534-1697 fragments of Cav1.2 and observed affinities in the high nM range with a peptides corresponding to residues 1614-1635 and 1644-1670. We further observed that these two peptides (1614-1635 and 1644-1670) competitively bind to alpha actinin. We have also investigated the affinities of different domains of alpha-actinin for these different peptides (1588-1675 fragments) of the C-terminal tail of the Cav1.2. Thus suggesting that alpha-actinin may play a role in both the localization of Cav1.2 and its modulation by Ca2+. This is a critical negative feed-back mechanism that curbs the influx of calcium, which is a potent signaling molecule inside the cell.