6653 Darby Avenue, Reseda, CA 91335

$6,200,000 Approx. USD 43 beds, 32 baths
22,255 sqft

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Photo of Jesse Hlubik

Marketed By Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007

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Agent Remarks

6653 Darby Avenue presents a compelling 31-unit multifamily investment opportunity in a high-demand Reseda rental corridor within the San Fernando Valley. The two-story, garden-style asset was built in 1961 and sits on a generous 31,059 SF lot, offering long-term operational stability and scale in a supply-constrained submarket. The property features a highly desirable unit mix of 19 one-bedroom units, 11 two-bedroom/one-bath units, and one two-bedroom/two-bath unit, with unit sizes ranging from approximately 620 to 900 square feet larger than many competing properties in the area. In-place rents remain materially below market, providing investors with approximately 50% rental upside through interior renovations and rent repositioning, driving meaningful NOI and valuation growth. Strategically located near CSUN, major employment centers, retail corridors, and regional transit routes, the asset benefits from strong and durable tenant demand. Future infrastructure investment, including the planned East San Fernando Valley Light Rail Transit Project, is expected to further enhance connectivity and long-term rental growth prospects in this mature Valley submarket. Offered at an attractive basis with both current cash flow and a clear value-add execution path, 6653 Darby Avenue represents an opportunity to acquire scale, upside, and long-term appreciation in one of Los Angeles' most resilient multifamily markets.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26641461

Price: $6,200,000

Beds: 43

Baths: 32

Built in 1961

22,255 sqft

2 stories

0.71 acres

Lot size: 0.7130