9361 Farralone Ave Save Request In-Person Tour Request Virtual Tour
Chatsworth,CA 91311
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,661 sqft
Price per Sqft $750
MLS Listing ID 25500611
Style Mid-Century
Bedrooms 4
Full Baths 6
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1951
Lot Size 4.028 Acres
Acres 4.03
Property Sub-Type Single Family Residence
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, 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 knows 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 the additional APN: 2727-021-021, also known as 9363 Farralone Avenue. 022 currently includes the larger residence, 021 includes the smaller house and approved 11 parcels. There is Tentative Tract Map approval for eleven separate parcels and can be developed as a very special guard-gated community.
Location
State CA
County Los Angeles
Area Chatsworth
Zoning LAA1
Rooms
Family Room 1
Other Rooms None
Dining Room 1
Interior
Heating Central
Cooling Central
Flooring Terrazzo, Slate, Wood, Other
Fireplaces Number 3
Fireplaces Type Living Room, Primary Bedroom, Library, Wood Burning
Equipment Alarm System, Barbeque, Dishwasher, Dryer, Garbage Disposal, Washer, Refrigerator, Range/Oven, Microwave, Freezer, Other
Laundry Room, Inside
Exterior
Parking Features Driveway, Garage - 3 Car, Parking for Guests, Driveway Gate
Garage Spaces 50.0
Pool In Ground
View Y/N Yes
View City, City Lights, Mountains, Valley
Building
Lot Description Automatic Gate, Secluded, Yard
Story 1
Sewer Septic Tank
Water District
Architectural Style Mid-Century
Level or Stories One
Construction Status Updated/Remodeled
Schools
School District Los Angeles Unified
Others
Special Listing Condition Standard