Active
9361 Farralone Avenue
Chatsworth CA, 91311
$7,995,000
$979.66 per sqft
Active
7 Beds
9 Baths
8,161 sqft
Residential
Built in 1951
Listed by Craig Knizek with The Agency 818-618-1006
This property has been mis-marketed for years. Yes, it is a ground-breaking Mid Century modern designed by America's iconic architect William Pereria. Yes, it was owned by Frank Sinatra and was the playground for Hollywood's elite. Yes, there is Tentative Tract Map approval for eleven separate parcels and can be developed as a very special guard-gated community. Yes, it is zoned for Equestrian and Agriculture (think Vineyard!). And yes, it is indeed America's most filmed private location and does indeed historically generate between $750,000 - $1,200,000 annually with a "who's who" of Hollywood productions. Every Studio, every Production Designer, and every Location Manager know about this fabled property. While this listing has been over-priced for the past thirteen years, under new Ownership, it finally is ready to sell, for the right fair market value. This property has been grossly under-utilized to maximize its income potential. The recent HERMES "Red" party vividly demonstrates the dynamic opportunity. Corporate retreats, curated gourmet chef events, or even Air BnB rentals can juice the yield to this crown jewel to enviable recurring revenue stream. New ownership indicates a new approach to a realistic sale. Come see for yourself. Sale includes two APN's: 2727-021-021 and 2727-021-022, also known as 9361 & 9363 Farralone Avenues. 022 currently includes the main residence, 021 includes the guest house and approved 11 parcels.
24436580
MLSⓇ ID
September 6, 2024
Listed
December 19, 2024
Updated
Map
9361 Farralone Avenue
Chatsworth CA, 91311
Interior Features
Total Stories
1
Bedrooms
7
Total Bathrooms
9
Full Bathrooms
7
Half Bathrooms
2
Interior Features
Breakfast Bar, Separate/Formal Dining Room, Dressing Area, Walk-In Closet(s)
Appliances
Barbecue, Dishwasher, Disposal, Microwave, Range, Refrigerator, Range Hood, Dryer, Washer
Laundry Description
Inside, Laundry Room
Floor Description
Wood
Fireplace
Yes
Fireplace Description
Library, Living Room, Wood Burning
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
13.59 Acres
Architectual Style
Mid-Century Modern
Sewer
Septic Type Unknown
School Information
School District
Los Angeles Unified
Other Property Details
Area Name
CHT - Chatsworth
Days on Market
103
Garage
Yes
Garage Spaces
3
Parking
Door-Multi, Driveway, Garage, Guest
Parking Total
50
View
Yes
View Description
City Lights, Mountain(s), Valley
County
Los Angeles
Pool
Yes
Pool Features
In Ground
Zoning
LAA1
Listing Contact: 424-230-3700
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/19/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/19/2024 at 6:41 AM UTC