Homes for sale - 9361 Farralone AVE, Chatsworth, CA 91311

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Lynette Williams

eXp Realty

lynette.williams@exprealty.com +1(323) 990-8343

$ 5,000,000

Est. payment | -/mo

4 Beds

6 Baths

6,661 SqFt

Save

$ 5,000,000

Est. payment | -/mo

Save

4 Beds

6 Baths

6,661 SqFt

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

Bedrooms 4

Full Baths 6

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1951

Lot Size 4.028 Acres

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 Cht - Chatsworth

Zoning LAA1

Interior

Interior Features Breakfast Bar, Separate/Formal Dining Room, Dressing Area, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type Library, Living Room, Wood Burning

Furnishings Unfurnished

Fireplace Yes

Appliance Barbecue, Dishwasher, Disposal, Microwave, Range, Refrigerator, Range Hood, Dryer, Washer

Laundry Inside, Laundry Room

Exterior

Parking Features Door-Multi, Driveway, Garage, Guest

Garage Spaces 3.0

Garage Description 3.0

Pool In Ground

Community Features Gated

View Y/N Yes

View City Lights, Mountain(s), Valley

Porch Covered

Total Parking Spaces 50

Building

Lot Description Secluded, Yard

Story 1

Entry Level One

Sewer Septic Type Unknown

Water Public

Architectural Style Mid-Century Modern

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2727021022

Security Features Security Gate,Gated Community

Special Listing Condition Standard

Listed by Craig Knizek • The Agency

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(323) 990-8343

lynette.williams@exprealty.com

303 N Glenoaks Blvd, Burbank, CA, 91502, USA

9361 Farralone AVE Chatsworth, CA 91311