9361 Farralone Avenue Active Save Request In-Person Tour Request Virtual Tour
Chatsworth (los Angeles),CA 91311
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 13.585 Acres
Acres 13.585
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 includes two APN's: 2727-021-021 and
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,Other,Wood Burning
Fireplace Yes
Appliance Dishwasher,Disposal,Microwave,Range,Refrigerator
Laundry Dryer,Laundry Room,Inside,Washer
Exterior
Garage Spaces 3.0
Pool In Ground,Spa
Utilities Available Other Water/Sewer
View Y/N true
View City Lights,Mountain(s),Valley
Total Parking Spaces 50
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