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9301 Darby Avenue

Northridge, CA 91325
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Bed 41

Bed

Bath 0

Bath

SqFt26,827

Sqft

SqFt28,517

Sqft(Lot)

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 enhan cements 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $7,775,000

AD Id : 65673538

MLS Id : 25559363

Beds : 41

Lot Size : 28,517 Sqft

Living Area Size : 26,827

Year Built : 1971

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 41

    Bathroom Information

    Total Baths: 41
  • Interior Features

    Appliances: Gas Cooktop, Oven, Refrigerator
    Laundry Features: Common Area, Laundry Room
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1971
    Building Area Total: 26827
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 28517 Lot Size Acres: 0.6547 Lot Size Square Feet: 28,517

  • Listing Price Information

    Listing Price: $7775000
    Original Price: $7999000

  • Tax Information

    Parcel Number: 2764011025

  • Location Information

    Direction: Located north of Parthenia @ CSUN Security Features: Gated Community
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
10000 Amestoy Avenue, Northridge, CA, 91325 $1,445,000 4 2 2,288 2,288 SqFt
17177 Superior St, Northridge, CA, 91325 $1,649,500 5 1 2,864 2,864 SqFt
17033 Rayen, Northridge, CA, 91325 $1,599,000 4 3 3,690 3,690 SqFt
17180 Ballinger Street, Northridge, CA, 91325 $2,450,000 4 3 3,953 3,953 SqFt
10228 Encino Avenue, Northridge, CA, 91325 $1,995,000 7 6 4,069 4,069 SqFt
17444 Septo Street, Northridge, CA, 91325 $1,299,000 5 3 2,214 2,214 SqFt
17409 Kinzie Street, Northridge, CA, 91325 $1,795,000 5 3 2,973 2,973 SqFt
10200 Shoshone Avenue, Northridge, CA, 91325 $1,600,000 4 3 2,900 2,900 SqFt
17600 Lemarsh Street, Northridge, CA, 91325 $1,498,000 3 3 2,277 2,277 SqFt
9301 Lasaine, Northridge, CA, 91325 $1,495,000 3 2 2,900 2,900 SqFt

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ByOwner last updated this listing 07/23/2026 @ 23:44

MLS: 25559363 LISTED BY: Kevin Driscoll, Coldwell Banker Realty 818-788-5400 SOURCE: CRMLS

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