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%… Read More 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. Read Less
Courtesy of Global Platinum Properties, Inc. 424-394-1030
Listing Snapshot
Days Online
32
Last Updated
Property Type
Other
Beds
10
Square Ft.
5,891
Lot Size
0.14 Acres
Year Built
1963
MLS Number
25610193
30 Days Snapshot Of 91335
$888k
+29%
(avg) sold price
4
+33%
homes sold
57
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Ceiling Fan, Microwave, Range/Oven, Refrigerator
Building
5,891 sq ft, Built in 1963, Levels: Two, Traditional
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
