9361 Farralone Avenue

Chatsworth, CA 91311

$7,995,000

List Price

7

bed Beds

9

shower Baths

8,161 sqft

straighten / sqft

1951

calendar_month Built

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, 2727-021-022 and 2727-021-015, also known as 9361 & 9363 Farralone Avenues. 022 currently includes the main residence, 021 includes the guest house and approved 11 APN's, and 015 is the additional parcel of vacant land.

Listing Information

List Price $7,995,000
Status Active
MLS 24436580
Type Residential
Subtype Single Family Residence
Year Built 1951
Lot Size 597,694
Structure Size 8,161
DOM 47
Courtesy Of The Agency
Listing Agent Craig Knizek DRE#01377932
Co-Listing Agent H. Blair Chang DRE#01248419

Interior Features

Laundry Information
Location(s) Inside, Laundry Room
Total Bedroom
Bedrooms 7
Total Bathroom
Bathrooms 9
Flooring Information
Material Wood
Fireplace Information
Features Library, Living Room, Primary Bedroom, Wood Burning
Additional Information
Additional Features Breakfast Bar, Separate/Formal Dining Room, Dressing Area, Walk-In Closet(s)
Cooling Type
Cooling Type Central Air

Exterior Information

Other Structures
Structures Guest House
View Yes

Maps

Listing information courtesy of: Craig Knizek, H. Blair Chang, The Agency 818-618-1006. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 23rd, 2024 at 9:17 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.