$3,900,000

6632 Darby Avenue, Reseda (los Angeles), CA 91335

  • 15,751 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon0.42acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $248/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
December 16, 2025
Data Last Updated:
February 8, 2026 at 4:08AM
Listing Office:
Tony Azzi : 310-909-5454
Listing Agent:
Tony Azzi : 310-909-5454
MLS ID:
CL26633123
  • Parking: CoveredOtherPrivateUncovered Parking Space
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LAR32125017009
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Tony Azzi , Tony Azzi

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

N

Newcastle Elementary

6520 Newcastle Ave, Reseda, CA, 91335

Grades KG-5

0.48 miles away

S

Sherman Oaks Center for Enriched Studies

18605 Erwin St, Tarzana, CA, 91335

Grades 4-12

0.53 miles away

R

Reseda Charter High School

18230 Kittridge St, Reseda, CA, 91335

Grades 9-12

0.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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