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

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Engel & Völkers Palm Desert

palmspringsdesertrealestate@gmail.com +1(909) 327-2223

$ 7,995,000

Est. payment -/mo

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9361 Farralone AVE Chatsworth, CA 91311

7 Beds

9 Baths

8,161 SqFt

UPDATED:

11/23/2024 02:12 AM

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

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.

Location

State CA

County Los Angeles

Area Cht - Chatsworth

Zoning LAA1

Rooms

Other Rooms Guest House

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, Primary Bedroom, 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

Pool In Ground

View Y/N Yes

View City Lights, Mountain(s), Valley

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

Listed by Craig Knizek • The Agency

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

Engel & Völkers Palm Desert

9361 Farralone AVE Chatsworth, CA 91311

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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9361 Farralone AVE