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The Los Angeles estate once owned by legendary crooner Frank Sinatra — and used as a backdrop for countless Hollywood productions and even a presidential tryst — has been sold in a two-part deal, Mansion Global reported Wednesday.
The sale marks the first time the property has changed hands since going on — and off — the market 13 years ago.
“I anticipate the house gets spit and polished to take it to a whole elevated level,” Craig Knizek, an agent with The Agency who represented the seller alongside colleague H. Blair Change, told Mansion Global.
The March 4 transaction was structured as a two-part deal, one section of the property — spanning 4 acres — selling for $5 million, while an adjacent 9-acre parcel with a guest house closed at $3 million, as reported by Homes.com.
Knizek and Chang of The Agency represented the listing while Michael Preis of RE/MAX One represented the buyer.
Rock Asset Management Trust took control of the estate in a foreclosure sale for $2.1 million last year. Knizek said the financial difficulties arising from the COVID-19 pandemic and the 2023 Hollywood writers’ strike was too much for the previous owner to bear.
Located at 9363 Farralone Avenue in Chatsworth, the property has long been a coveted filming location. The home has been featured in numerous productions and reportedly generates between $750,000 and $1.2 million annually from film shoots.
Sinatra rented the property in the 1960s, and it has been linked to a few other Hollywood icons, including Marilyn Monroe, who allegedly used it to rendezvous with John F. Kennedy. More recently, the estate was the filming location for multiple Miley Cyrus videos and also the location for the recent high-profile Hermes “Red” party.
Despite its rich history, the estate has been listed for as much as $12.75 million in recent years. It includes a four-bedroom, four-bathroom main house, a smaller guest house and 11 approved parcels of land.
The home was built in 1951 by mid-century architect William Pereira for Chase Bank heiress Dora Hutchinson and has since been updated and remodeled. It features terrazzo and slate floors, a powder room, sauna, three wood-burning fireplaces and living quarters for servants. Outside, it boasts an in-ground pool and spa with sweeping views of the California valley.
Although the property is described as underutilized, it offers substantial revenue opportunities, including corporate retreats, curated gourmet chef events and potential Airbnb rentals, according to the listing.
