Chatsworth (los Angeles), CA 91311,9361 Farralone Avenue
Chatsworth (los Angeles), CA 91311,9361 Farralone Avenue
Chatsworth (los Angeles), CA 91311,9361 Farralone Avenue
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$7,995,000
Est. payment /mo
7 Beds
8 Baths
8,161 SqFt
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UPDATED:

10/23/2024 10:19 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 8,161 sqft

Price per Sqft $979

MLS Listing ID CL24436580

Bedrooms 7

Full Baths 7

Half Baths 2

HOA Y/N No

Year Built 1951

Lot Size 13.721 Acres

Acres 13.7212

Property Description

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 can include three APN's: 2727-021-022,

Location

State CA

County Los Angeles

Area Listing

Zoning LAA1

Rooms

Other Rooms Guest House

Interior

Interior Features Family Room, Library, Office, Breakfast Bar

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type Living Room, Wood Burning, Other

Fireplace Yes

Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator

Laundry Dryer, Laundry Room, Washer, Inside

Exterior

Pool In Ground, Spa

Utilities Available Other Water/Sewer

View Y/N true

View City Lights, Mountain(s), Valley

Private Pool false

Building

Story 1

Water Other

Architectural Style Mid Century Modern

Level or Stories One Story

New Construction No

Schools

School District Los Angeles Unified

Others

Tax ID 2727021022


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Bridge MLS
Listed by Craig Knizek • The Agency

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Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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9361 Farralone Avenue