Active

9301 Darby Avenue

Northridge, CA 91325
Mark as Favorite
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 : Residential Income

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

  • Map Map

Map

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Feature 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

  • Building Information

    Year Built: 1971 Building Area Total: 26,827
  • Security Features

    Gated Community
  • Laundry Features

    Common Area,Laundry Room

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.6547
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 28517

  • Listing Price Information

    Original List Price: 7,775,000 Listing Contract Date: 2025-06-30
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 2764011025

  • Garage and Parking

    Garage Description: Assigned,Controlled Entrance,Community Structure

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity

  • 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: 55 Common Walls: 1 Common Wall Year Built Source: Assessor Total Square Feet Living: 26827 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

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17177 Superior St, Northridge, CA, 91325 $1,750,000 5 1 2,864 2,864 SqFt
17033 Rayen, Northridge, CA, 91325 $1,599,000 4 3 3,690 3,690 SqFt
8960 Oak Park Avenue, Northridge, CA, 91325 $2,449,000 4 3 2,692 2,692 SqFt
17180 Ballinger Street, Northridge, CA, 91325 $2,450,000 4 3 3,953 3,953 SqFt
17331 Labrador, Northridge, CA, 91325 $1,588,000 4 3 2,727 2,727 SqFt

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ByOwner last updated this listing 06/08/2026 @ 20:52

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

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