6632 Darby Avenue, Reseda, CA 91335
Local realty services provided by:ERA Excel Realty
6632 Darby Avenue,Reseda, CA 91335
$3,900,000
- 28 Beds
- 27 Baths
- 15,751 sq. ft.
- Multi-family
- Active
Listed by: tony azzi
Office: tony azzi
MLS#:26633123
Source:CRMLS
Price summary
- Price:$3,900,000
- Price per sq. ft.:$247.6
About this home
6632 Darby Ave is a 19-unit multifamily investment in a high-demand Reseda corridor of the San Fernando Valley, benefiting from proximity to CSUN, medical centers, retail, and major transit that supports strong and consistent rental demand. The property offers a clear value-add opportunity with approximately 52.43% rental upside, driven by below-market in-place rents and the ability to execute interior upgrades and rent repositioning to meaningfully grow NOI. The asset is offered at an attractive basis, sitting roughly 2528% below San Fernando Valley averages, below LA County pricing, and approximately 37% under current Reseda $/SF levels, providing downside protection with significant upside. A balanced unit mix of 1-, 2-, and 3-bedroom units supports stable occupancy, while ~$21,000 annually in ancillary income from RUBS, laundry, parking, and additional rents enhances cash flow. With stabilized occupancy and long-term growth catalysts such as the planned East San Fernando Valley Light Rail Transit Project, the property is well positioned to outperform over the hold period.
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Home facts
- Year built:1963
- Listing ID #:26633123
- Added:2 day(s) ago
- Updated:January 07, 2026 at 10:32 PM
Rooms and interior
- Bedrooms:28
- Total bathrooms:27
- Living area:15,751 sq. ft.
Structure and exterior
- Year built:1963
- Building area:15,751 sq. ft.
- Lot area:0.42 Acres
Finances and disclosures
- Price:$3,900,000
- Price per sq. ft.:$247.6
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