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Rare 34-Unit Courtyard Community in Northridge "” Pool, Private Courtyard & Exceptional Value-Add Potential This charming 34-unit apartment community is ideally located in the heart of Northridge, one of the San Fernando Valley's most desirable rental markets. Built around a beautifully landscaped central courtyard with a sparkling pool, the property combines strong curb appeal with meaningful value-add opportunities. Featuring a well-balanced unit mix of studios, one- and two-bedroom layouts (plus select larger units), the community appeals to a wide tenant base of students, young professionals, and small families"”ensuring consistent occupancy and stable cash flow. The central pool and recreation area serve as a vibrant focal point, enhancing resident satisfaction and rental demand. With solid fundamentals and classic construction, the property is ideally positioned for modernization. Upgrading interiors"”kitchens, baths, flooring, lighting, and fixtures"”offers a clear path to higher rents and improved asset value. Additional upside can be realized through utility re-billing or RUBS implementation, operational efficiencies, and amenity enhancements such as refreshed outdoor furniture, lighting, and BBQ/lounge zones. Investor appeal is further strengthened by on-site laundry, storage, and ample surface parking, as well as proximity to CSU Northridge, major employment centers, and retail corridors. Northridge's strong rental demand and limited new supply create a compelling opportunity for both cash flow and appreciation with modest capital investment. This is a rare opportunity to acquire a well-maintained 34-unit property in a prime Northridge location with significant upside potential through strategic renovations and management improvements.
Property Type(s):
Residential Income
| Last Updated | 10/28/2025 | Year Built | 1964 |
|---|---|---|---|
| Community | NR - Northridge | Garage Spaces | 23.0 |
| County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | NR - Northridge |
| GARAGE | Yes |
| LOT | 0.6771 acre(s) |
| POOL DESCRIPTION | Community |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
Location
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Listed with Equity Union
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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