9361 Farralone Avenue
Chatsworth, CA 91311
Active for $7,995,000
Beds: 7 Baths: 9 Structure Size: 8,161 sqft Lot Size: 597,694 sqft
| MLS | 24436580 |
| Year Built | 1951 |
| Property Type | Single Family Residence |
| County | Los Angeles |
| Status | Active |
| Active | $7,995,000 |
| Structure Size | 8,161 sqft |
| Lot Size | 597,694 sqft |
| Beds | 7 |
| Baths | 9 |
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 courtesy of: Craig Knizek, The Agency 818-618-1006. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 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.
Location
Contact a Local Realtor®
Stephan O'Bryant
REALTOR®
Direct: 310.775.1737
Email: Email Me
DRE: 02213747
DRE #01873088
.png){kind=small}