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9361 Farralone Avenue, Chatsworth, CA 91311
$7,995,000 Asking Price
$---/mo Est. Payment Get Prequalified »
7
beds
9
baths
8,161
sqft
Built in
1951
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 2727-021-022, also known as 9361 & 9363 Farralone Avenues. 022 currently includes the main residence, 021 includes the guest house and approved 11 parcels.
Features & Amenities
Interior
- General:
- Breakfast Bar,Separate/Formal Dining Room,Dressing Area,Walk-In Closet(s)
- Appliances:
- Barbecue,Dishwasher,Disposal,Microwave,Range,Refrigerator,Range Hood,Dryer,Washer
- Laundry:
- Inside,Laundry Room
- Flooring:
- Wood
- A/C:
- true, Central Air
- Heating:
- true, Central
- Fireplace:
- Library,Living Room,Wood Burning, Fireplace
Exterior
- General:
- Guest House, In Ground
- Style:
- Mid-Century Modern
- Other Structures:
- Guest House
- Pool:
- In Ground
- Parking:
- Door-Multi,Driveway,Garage,Guest, Parking spaces: 50
Construction
- General:
- 1
Location
- Originating MLS:
- CRMLS
- School District:
- Los Angeles Unified
- County:
- Los Angeles
Lot
- Zoning:
- LAA1, 2727021022
- View:
- City Lights,Mountain(s),Valley, View
Utilities
- Sewer:
- Septic Type Unknown
Financial
- Source:
- CRMLS
This listing courtesy of:
The Agency, Craig Knizek
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Chatsworth, CA
Housing
- Number of Units
- 14,382
- Median Home Value
- $672,855
- Median Rent
- $1,791
36.53% of housing units are renter occupied.
3.36% are vacant.
Commute
- Car
-
66.01%
- Public Transportation
-
1.33%
- Walk to Work
-
1.20%
- Work from Home
-
28.60%
- Other
-
2.40%
The median travel time to work is 23 minutes.
People
- Population
- 39,754
- Median Age
- 42.10
- Median Household Size
- 3.01
Education
- High School
-
19.27%
- Associate’s Degree
-
10.48%
- Bachelor’s Degree
-
26.92%
- Graduate Degree
-
14.46%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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