CA > Reseda
Reseda, CA 91335,6626 Darby AVE
Reseda, CA 91335,6626 Darby AVE
Reseda, CA 91335,6626 Darby AVE
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$1,895,000
Est. payment /mo
10 Beds
9 Baths
5,891 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,891 sqft

Price per Sqft $321

MLS Listing ID 25610193

Bedrooms 10

HOA Y/N No

Year Built 1963

Lot Size 6,185 Sqft

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 Res - Reseda

Zoning LAR3

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Fireplace No

Appliance Microwave, Refrigerator

Exterior

Parking Features Gated

Total Parking Spaces 7

Building

Story 2

Entry Level Two

Architectural Style Traditional

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2125017010

Special Listing Condition Standard

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CRMLS – RECore
Listed by Armin Soleimani Global Platinum Properties, Inc.
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

<a href="https://maps.app.goo.gl/pirboN7SMpBm6tb18" target="_blank">3435 E Thousand Oaks Blvd #6354, Westlake Village CA 91359 </a>

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