9301 Darby Avenue, Northridge (los Angeles), CA 91325

• 26,827 sqft

Property 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

Listing Status:

Active

Date Added:

June 30, 2025 at 05:00AM

Listing Office:

Coldwell Banker Realty : 818-995-2424

Listing Agent:

Kevin Driscoll : 310-974-4950

MLS ID:

CL25559363

Interior

• Laundry: Common AreaLaundry Room
• A/C: Wall/Window Unit(s)
• Heating: Natural Gas

Exterior

• Parking: AssignedOther

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LAR32764011025

Financial

• Source: CRMLS

This listing courtesy of Kevin Driscoll, Coldwell Banker Realty