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Two-Story Value-Add Apartment Complex
For Sale
$7,775,000

9301 Darby Ave, Northridge, CA 91325

34-unit, two-story multifamily property with an interior courtyard and dedicated parking, located directly across from CSUN.

Property Size26,827 SF
Lot Size0.65 Acres
Days on Market433

Property Features for 9301 Darby Ave

General Information

Standard status Active
Size 26,827 SF
Lot size 0.65 Acres
Property subtype MULTI_FAMILY
Occupancy 100%

Additional Details

Multifamily Units 34

Amenities

interior courtyard
on-site laundry facilities

Building Details

Building Size 26,827 SF
Year Built 1971
Stories 2
Tenancy Multi
Listing Agency: Coldwell Banker Realty
Listed By: Kevin Driscoll · License #01270052
Source: Frontgaterealestate
Added: Jun 30, 2025 Changed: Sep 2 Last Checked: Sep 5 at 8:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

Darby Gardens is a 34-unit, two-story multifamily complex constructed in 1971, situated on a 28,517 square foot lot. The property features an expansive interior courtyard, dedicated parking for each unit, and on-site laundry facilities. The unit mix includes 27 one-bedroom, one-bath units and 7 two-bedroom, two-bath units. Recent improvements include electrical subpanel upgrades and the installation of newer appliances in some units, while the majority of units are described as in classic or moderately renovated condition.

The complex is located directly across from California State University, Northridge (CSUN). It also offers convenient access to nearby retail and entertainment amenities, including Northridge Fashion Center and the Valley Performing Arts Center, as well as Matador Bowl.

From a practical standpoint, this property is positioned for investors seeking a value-add approach through unit-level updates and income optimization strategies tied to its current leasing practices.

Key Highlights

  • 34‑unit, two‑story multifamily property at 9301 Darby Avenue in Northridge, built in 1971
  • Located directly across from California State University, Northridge (CSUN)
  • Unit mix includes 27 one‑bedroom/one‑bath units and 7 two‑bedroom/two‑bath units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Food Market Hair Salon Grocery & Convenience Store Spa & Massage Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

34
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

606
Businesses Nearby

Demographics for 91325, CA

35,250
Population
13,668
Households
2.6
Avg Household Size
37
Median Age
42%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
7,344
Density / Sq Mi
$92,602
Median Household Income
$39,434
Median Earnings
$1,924
Median Rent
$900,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 34-unit, two-story multifamily property with an interior courtyard and dedicated parking, located directly across from CSUN.
Where is this apartment building located?
The property is located at 9301 Darby Ave Northridge, CA.
What is the asking price?
The asking price for this property is $7,775,000.
What are key features of this property?
This property features: 34‑unit, two‑story multifamily property at 9301 Darby Avenue in Northridge, built in 1971; Located directly across from California State University, Northridge (CSUN); Unit mix includes 27 one‑bedroom/one‑bath units and 7 two‑bedroom/two‑bath units
More about this property
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