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 Valleys 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 familiesensuring 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 interiorskitchens, baths, flooring, lighting, and fixturesoffers 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. Northridges 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.