9363 Farralone, Chatsworth, CA 91311

$2,999,999
3
BD
3
BA
1,019
SqFt

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List Agent Craig Knizek () 818-618-1006 The Agency; CoList () Courtesy of Selling Office: RE/MAX One, Michael Preis - Selling Agent DRE# and Courtesy of Listing Office The Agency, Craig Knizek - Agent DRE#

Sold Price
$2,999,999
List Price
$2,999,999
Closing Date
Mar 04, 2025
Status
CLOSED
MLS#
25500621
Year Built
1951
Bedrooms
3
Bathrooms
3
Living Sq. Ft
1,019
Lot Size
416,432
Lot Location
Secluded, Yard
Days on Market
8
Property Type
Single Family Residential
Style
Mid-Century Modern
Property Sub Type
Single Family Residence
Stories
One Level

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, it is zoned for Equestrian and Agriculture (think Vineyard!). Every Studio, every Production Designer, and every Location Manager knows 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 the additional APN: 2727-021-022, also known as 9361 Farralone Avenue. 022 currently includes the larger residence, 021 includes the smaller house and approved 11 parcels. There is Tentative Tract Map approval for eleven separate parcels and can be developed as a very special guard-gated community.

Additional Information

Appliances
Dishwasher, Range, Range Hood
Pool Description
In Ground
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
City Lights, Mountain(s), Valley
Patio
Covered
Sewer
Septic Type Unknown
Water
Public
School District
Los Angeles Unified

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.