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9301 Darby Avenue Northridge, CA 91325
$7,775,000 41 beds, 41 baths
26, 827 sqft
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Photo of Nicole Borkgren

Nicole Borkgren REALTORĀ® - Sales Associate 818-822-3646 m
818-876-3196 o
Lic#: 01920650
NRDS ID: 207059206
nicole@borkgrenandco.com
Text Me
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Lic#: 01920650
NRDS ID: 207059206
nicole@borkgrenandco.com
Calabasas Office
23925 Park Sorrento
Calabasas, CA 91302
Phone: 818-223-9100
Fax: 818-876-3100
Calabasas 23925 Park Sorrento
Calabasas, CA 91302
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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25559363
List price is $7,775,000 Reduced by $624,000 on 11/24/2025
Beds: 41
Baths: 41
Built in 1971
26,827 sqft
2 stories
0.65 acres
Lot size: 0.6547
County: Los Angeles
Zoning: LAR3
Appliances: Gas Cooktop,Oven,Refrigerator
Parking description: Assigned,Controlled Entrance,Community Structure
Heating/cooling: Wall/Window Unit(s)
Heating description: Natural Gas
MLS area: NR - Northridge

Last Updated: 6/12/2026

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This listing belongs to the NR - Northridge MLS area

Lat/Long: 34.239636, -118.534102.
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Listing Agent: Kevin Driscoll
Lic#: 01920650
Office Name: Calabasas

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Total population of , which has changed by % since 1990.
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Photo of Nicole Borkgren

Nicole Borkgren REALTORĀ® - Sales Associate 818-822-3646 m
818-876-3196 o
Lic#: 01920650
NRDS ID: 207059206
nicole@borkgrenandco.com
Text Me
Call My Cell
Call My Office
Lic#: 01920650
NRDS ID: 207059206
nicole@borkgrenandco.com

Calabasas Office
23925 Park Sorrento
Calabasas, CA 91302
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