9301 Darby Avenue
Northridge, CA, 91325
$8,399,000
Beds
0 Baths
SqFt
0.65 Acres
Add
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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 Details

Price:
$8,399,000
MLS #:
25559363
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
nrnorthridge
Listed Date:
Jun 30, 2025
Lot Size:
28,517 sqft / 0.65 acres (approx)
Year Built:
1971
Nrnorthridge

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Schools

Interior

Appliances
Refrigerator, Gas Cooktop, Oven
Cooling
Wall/Window Unit(s)
Heating
Natural Gas
Laundry Features
Community, Individual Room

Exterior

Parking Features
Assigned, Community Structure, Controlled Entrance
Parking Spots
34.00
Security Features
Gated Community

Financial

Map

Community

Market Summary

Current real estate data for Residential Income in Northridge as of Oct 19, 2025
9
Residential Income Listed
160
Avg DOM
$4,265,889
Avg List Price

Property Summary

    9301 Darby Avenue Northridge CA is a Residential Income for sale in Northridge, CA, 91325. It is listed for $8,399,000

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