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8303 Darby Avenue

Northridge, CA 91325
  • $7,850,000
  • STATUS: Active
  • ON SITE: 11 Days
  • ID#: SR22245059
UPDATED: 202 min ago
$7,850,000
  • 0
    BEDS
  • 0.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1986
County:

School Ratings & Info

Listing Agent(s): Reza Ghobadi of Reza Ghobadi (818-325-4142)


Description

The subject property is a 25-unit apartment complex located at 8803 Darby Avenue in the city of Northridge.All units are comprised of 2 Bedroom/2 Bathroom totaling 22,823 rentable squarefeet resting on 23,509 square feet of land. A few of the amenities offered by thiscomplex are central A/C and heat, an elevator, a sparkling pool, and an onsite laundryfacility. In addition, this 3-story building offers two parking spaces for each unit. Theparking area consists of on-grade secured parking along with more covered parkingspaces located next to the pool. Furthermore, this complex has copper plumbing andis separately metered for gas and electricity.The subject property is between Nordhoff Street and Parthenia Street which is adense rental pocket area in Northridge. This complex is just a short drive to theNorthridge Fashion Center Mall, California State University (CSUN), NorthridgeMedical Center and to numerous shops and restaurants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-03T00:28:48.4. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/134932008
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8303 Darby Avenue Northridge, CA 91325

  • Price: $7,850,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 202 min ago
  • ID#: SR22245059
0
Beds
0
Baths
0
½ Baths
0.54
Acres
1986
Built
Neighborhood:
NR - Northridge
County:
Los Angeles
Area:
NR - Northridge
Property Description
The subject property is a 25-unit apartment complex located at 8803 Darby Avenue in the city of Northridge.All units are comprised of 2 Bedroom/2 Bathroom totaling 22,823 rentable squarefeet resting on 23,509 square feet of land. A few of the amenities offered by thiscomplex are central A/C and heat, an elevator, a sparkling pool, and an onsite laundryfacility. In addition, this 3-story building offers two parking spaces for each unit. Theparking area consists of on-grade secured parking along with more covered parkingspaces located next to the pool. Furthermore, this complex has copper plumbing andis separately metered for gas and electricity.The subject property is between Nordhoff Street and Parthenia Street which is adense rental pocket area in Northridge. This complex is just a short drive to theNorthridge Fashion Center Mall, California State University (CSUN), NorthridgeMedical Center and to numerous shops and restaurants.
Exterior Features

Lot Features Corner Lot Number Of Separate Electric Meters 25 Parking Total 50 Pool Features In GroundPrivate Pool Private YN Yes Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 3.78 Common Interest Community Apartment Community Features Sidewalks Electric Expense 10385 Fuel Expense 11933 Garage YN Yes Gross Income 541275 Gross Scheduled Income 537445 Insurance Expense 13000 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 12500 Net Operating Income 296762 New Construction YN No New Taxes Expense 98125 Number Of Separate Gas Meters 25 Number Of Separate Water Meters 0 Operating Expense 228391 Other Expense 3000 Pest Control Expense 720 Pool Expense 1980 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 10255 Vacancy Allowance Rate 3 Water Sewer Expense 36033 Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-03T00:28:48.4. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Reza Ghobadi of Reza Ghobadi (818-325-4142)