CA > Chatsworth
Chatsworth, CA 91311,9361 Farralone Ave
Chatsworth, CA 91311,9361 Farralone Ave
Chatsworth, CA 91311,9361 Farralone Ave
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John Matukas

John Matukas

+1(323) 377-4961
$7,995,000
Est. payment /mo
7 Beds
9 Baths
8,161 SqFt
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UPDATED:

10/23/2024 09:07 PM

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 24-436580

Style Mid-Century

Bedrooms 7

Full Baths 7

Half Baths 2

HOA Y/N No

Year Built 1951

Lot Size 13.721 Acres

Acres 4.0273

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 Chatsworth

Zoning LAA1

Rooms

Family Room 1

Other Rooms GuestHouse, Pool House

Dining Room 1

Interior

Heating Central

Cooling Central

Flooring Terrazzo, Slate, Wood, Other

Fireplaces Number 3

Fireplaces Type Living Room, Master Bedroom, Library, Wood Burning

Equipment Alarm System, Barbeque, Dishwasher, Dryer, Garbage Disposal, Washer, Refrigerator, Range/Oven, Microwave, Freezer, Other

Laundry Room, Inside

Exterior

Garage Driveway, Garage - 3 Car, Parking for Guests, Driveway Gate

Pool In Ground

View Y/N Yes

View City, City Lights, Mountains, Valley

Building

Sewer Septic Tank

Architectural Style Mid-Century

Level or Stories One

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard

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John Matukas

+1(323) 377-4961

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