Northridge (NR) Homes with Community Structure Parking features

Welcome to Northridge, a vibrant neighborhood nestled in the heart of the San Fernando Valley, California. Known for its lush parks, family-friendly atmosphere, and a rich blend of culture and community, Northridge offers a unique lifestyle that appeals to everyone from young professionals to growing families.

As part of Los Angeles County, Northridge boasts a variety of amenities that enhance everyday living. Residents enjoy easy access to shopping, dining, and entertainment options, with the Northridge Fashion Center providing a premier retail experience. The area is also home to beautiful parks like the expansive Northridge Park, where families can enjoy picnics, sports, and outdoor activities amidst scenic surroundings.

For those seeking a home in this delightful community, Northridge offers a range of properties featuring community structure parking. This convenient amenity ensures that residents have dedicated parking spaces, enhancing both accessibility and peace of mind. Whether you're looking for a cozy condo or a spacious family home, the community structure parking feature adds a layer of comfort, making life a little easier in this bustling neighborhood.

Northridge is also known for its excellent schools and educational institutions, including California State University, Northridge, which adds to the area's appeal. With its blend of suburban charm and urban convenience, Northridge is a place where you can truly feel at home. Come and explore the opportunities waiting for you in this dynamic community!

Newest Northridge (NR) Homes with Community Structure Parking features

$7,775,000

41 Beds ⋅ 41 Baths ⋅ 25559363 MLS ⋅ Active Status

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.

9301 Darby Avenue, Northridge

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