Reseda, CA 91335,6626 Darby Ave
Reseda, CA 91335,6626 Darby Ave
Reseda, CA 91335,6626 Darby Ave
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$1,895,000
Est. payment /mo
10 Beds
9 Baths
5,891 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,891 sqft

Price per Sqft $321

MLS Listing ID 25610193

Style Traditional

Bedrooms 10

Year Built 1963

Lot Size 6,184 Sqft

Acres 0.142

Property Sub-Type Multi-Family

Property Description

We are excited to present 6626 Darby Avenue, a compelling 9-unit multifamily investment opportunity located in the heart of Reseda. Built in 1963, the property includes 9 units and delivers strong in-place cash flow with a current cap rate of 6.0%, and a price per unit of $210k. With 40% rental upside, investors can achieve a projected cap rate of 9.2% through rent repositioning. Spanning 5,891 square feet, the building features a favorable unit mix, with nearly half of the apartments being two-bedroom units, making it well-suited for long-term tenant retention. The property has undergone key capital improvements, including a completed seismic retrofit, helping reduce future capital expenditure exposure. Strategically located in one of the San Fernando Valley's most active rental markets, 6626 Darby offers tenants easy access to public transportation, the 101 Freeway, schools, retail, and daily amenities. This is a rare opportunity to acquire a true value-add asset with substantial rental upside in a highly desirable rental corridor.

Location

State CA

County Los Angeles

Area Reseda

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment Ceiling Fan, Microwave, Range/Oven, Refrigerator

Exterior

Parking Features Gated

Garage Spaces 7.0

Building

Story 2

Architectural Style Traditional

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Global Platinum Properties, Inc.

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Ron Taibi

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

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