Description
Presenting darby gardens: an exceptional value-add opportunity in northridge. we are pleased to present darby gardens, a compelling opportunity to acquire a 34-unit value-add multifamily complex located at 9301 darby avenue in northridge, california. this property boasts an unrivaled location directly across from california state university, northridge (csun), positioning it as an ideal asset for portfolio expansion. constructed in 1971, the two-story building sits on a substantial 28,517 square foot lot and features an expansive interior courtyard, dedicated parking for each unit, and convenient on-site laundry facilities. the desirable unit mix includes 7 two-bedroom/two-bathroom units and 27 one-bedroom/one-bathroom units. untapped potential and strategic location. recent property enhancements include electrical subpanel upgrades and the installation of newer appliances in some units. however, with the majority of units in classic or moderately renovated condition, there is significant potential for investors to implement strategic upgrades and realize substantial rental upside. the current ownership's conservative rental strategy, which included maintaining below-market rents and offering month-to-month leases after initial year-long terms, presents a clear path to increased revenue through market-rate adjustments and unit renovations. beyond its immediate proximity to csun, darby gardens offers excellent access to a wealth of local amenities. it is a mere five-minute drive from the northridge fashion center, and is also conveniently located near the valley performing arts center, matador bowl, and a diverse array of cafs and dining establishments. this a+ location is so highly desirable that the property has consistently achieved full occupancy solely through its on-site signage. with its strong intrinsic value, significant untapped rental upside, and exceptional location steps from csun, darby gardens represents an outstanding investment opportunity in one of the san fernando valley's most robust rental markets.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
50309107
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 41
Bathroom Information
- Total Baths: 41
- Full Baths: 0
- Half Baths: 0
Interior Features
- Property Appliances: Gas Cooktop,Oven,Refrigerator
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Natural Gas
- Has Heating
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Exterior Features
Building Information
- Year Built: 1971
- Building Area Total: 26,827
Security Features
- Gated Community
Laundry Features
- Common Area,Laundry Room
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.6547
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 28517
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Listing Information
Listing Price Information
- Original List Price: 7,999,000
- Listing Contract Date: 2025-06-30
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2764011025
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Controlled Entrance,Community Structure
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: NR - Northridge
- Directions: Located north of Parthenia @ CSUN
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: NR - Northridge
Building and Construction
- Property Age: 54
- Year Built Source: Assessor
- Total Square Feet Living: 26827
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 07/06/2025 @ 06:33
- MLS: 25559363
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 41 bedrooms which is for sale, it has 26,827 sqft, 28,517 sized lot, and 0 parking. are nearby neighborhoods.