9361 Farralone AVE Active 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
Purchase Type For Sale
Square Footage 8,161 sqft
Price per Sqft $979
MLS Listing ID 24436580
Bedrooms 7
Full Baths 7
Half Baths 2
HOA Y/N No
Year Built 1951
Lot Size 13.721 Acres
Acres 13.7212
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, the rumors of Marilyn Monroe and JFK being there "together" are true. 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.
Location
State CA
County Los Angeles
Area Cht - Chatsworth
Zoning LAA1
Rooms
Other Rooms Guest House
Ensuite Laundry Inside,Laundry Room
Interior
Interior Features Breakfast Bar,Separate/Formal Dining Room,Dressing Area,Walk-In Closet(s)
Laundry Location Inside,Laundry Room
Heating Central
Cooling Central Air
Flooring Wood
Fireplaces Type Library,Living Room,Primary Bedroom,Wood Burning
Furnishings Unfurnished
Fireplace Yes
Appliance Barbecue,Dishwasher,Disposal,Microwave,Range,Refrigerator,Range Hood,Dryer,Washer
Laundry Inside,Laundry Room
Exterior
Garage Door-Multi,Driveway,Garage,Guest
Pool In Ground
View Y/N Yes
View City Lights,Mountain(s),Valley
Parking Type Door-Multi,Driveway,Garage,Guest
Building
Entry Level One
Sewer Septic Type Unknown
Architectural Style Mid-Century Modern
Level or Stories One
Additional Building Guest House
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 2727021022
Special Listing Condition Standard