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Listed by: Armin Soleimani (310) 666-2246 DRE #01846872, Julio Ruiz DRE #01911261 | Global Platinum Properties, Inc. (424) 394-1030
$1,895,000
11 Beds
- 9 Baths
5,891sqft
6626 Darby Ave, Reseda, CA 91335
$1,895,000
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Multi Family
Built in 1963
$-- HOA
6,184 sqft lot
$322/sq.ft
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 fut...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1963
HOA Fees
-
Finished Area
5,891 sqft
Lot Size
6,184 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25610193
MLS Status
Active
Days on Market
52
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