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  • 6632 Darby Avenue

6632 Darby Avenue, Reseda, CA 91335

$3,750,000 Approx. USD 28 beds, 27 baths
15,751 sqft

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Photo of Nicole Borkgren

Nicole Borkgren REALTOR® - Sales Associate 818-822-3646 m
818-876-3196 o
Lic#: 01920650
NRDS ID: 207059206
nicole@borkgrenandco.com Text Me
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Lic#: 01920650
NRDS ID: 207059206
nicole@borkgrenandco.com Calabasas Office
23925 Park Sorrento
Calabasas, CA 91302
Phone: 818-223-9100
Fax: 818-876-3100
 Calabasas 23925 Park Sorrento
Calabasas, CA 91302
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Listing Agent


Tony Azzi | tazzi@theazzigroup.com
Lic#: 00910513
Broker: Courtesy of Tony Azzi
Phone: 310-909-5454

Agent Remarks

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 Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# 26633123
List price is $3,750,000 Reduced by $150,000 on 2/20/2026
Price: $3,750,000
Beds: 28
Baths: 27
Built in 1963
15,751 sqft
2 stories
0.42 acres
Lot size: 0.4222
County: Los Angeles
Zoning: LAR3
Parking description: Covered,Driveway,Private,Uncovered
MLS area: RES - Reseda

Last Updated: 6/11/2026

 Days On Market (DOM): 106

 Find more Reseda homes and real estate

 Find more homes in 91335 zip code

This listing belongs to the RES - Reseda MLS area

Lat/Long: 34.191238, -118.532979.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Nicole Borkgren

Nicole Borkgren REALTOR® - Sales Associate 818-822-3646 m
818-876-3196 o
Lic#: 01920650
NRDS ID: 207059206
nicole@borkgrenandco.com Text Me
Call My Cell
Call My Office
Lic#: 01920650
NRDS ID: 207059206
nicole@borkgrenandco.com
Calabasas Office
23925 Park Sorrento
Calabasas, CA 91302
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