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$1,730,000
6 Beds ⋅ 6 Baths ⋅ 26726967 MLS ⋅ Active Status
Rare opportunity for investors or homeowners to own a spacious 4,268 sq. ft. home with endless potential in a highly desirable neighborhood. With its numerous rooms and expansive layout, the property may be well-suited for use as an assisted living facility (buyer to verify with the city). The large, flat lot also offers exceptional potential for a future pool and multiple ADUs, subject to city approval. It features 6 bedrooms, 6 bathrooms, an office, a loft, and an oversized bonus/recreation room. The impressive entry with a two-story ceiling opens to bright living and dining areas designed for both everyday comfort and entertainment. The family room flows into a gourmet kitchen with pantry and views of the expansive backyard. The main level includes a washer/dryer closet, 3 rooms, 2 full baths, a guest bath, and an office. A primary suite on this level features a Jack and Jill bathroom, walk in closet, and direct access to the backyard. A large storage shed is included. Upstairs, the second master suite includes a walk-in closet and a private balcony. 3 additional bedrooms are well-sized and bright, served by 2 full bathrooms. This level also includes a second washer/dryer closet for added convenience. An open loft leads to a large veranda with its own staircase to the side yard, a perfect spot for relaxing. Adjacent to the loft is an extra-large bonus/recreation room that opens to a generous balcony overlooking the backyard, which features a variety of matured fruit trees and vibrant rose gardens. This property offers significant potential, ideal for multi-generational living, and investment, Solar is paid off.

17355 Lemac Street, Northridge
$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

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.