Michael Preis Of Re/Max One Represents Buyer In Chatsworth Mid-Century Estate Sale For $8M

The property involved in this transaction is a single-family estate located at 9361 Farralone Avenue in Chatsworth. This mid-century estate, historically linked to Frank Sinatra, features a main house of 6,661 square feet and a guest house, all set on a 13.5-acre lot. The transaction was concluded at a sale price of $8,000,000, equating to $1,201 per square foot.

Summary of transation details:

• Property Type: Single Family
• Transaction Amount: $8,000,000
• Address: 9361 Farralone Avenue
• Market: Chatsworth
• Square Footage: 6,661
• Price Per Square Foot: $1,201
• Buyer's Representative: Michael Preis - Re/Max One
• Seller's Representatives: Blair Chang & Craig Knizek - The Agency

The deal was marked by the involvement of significant representatives; Michael Preis from Re/Max One facilitated the purchase for the buyer, while the property was listed by Blair Chang and Craig Knizek from The Agency. Notably, the estate was sold in two transactions, where the main house was sold for $5 million and the guest house for just under $3 million. Additionally, the property holds approval for 11 parcels.