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Multifamily

6653 Darby Ave

6653 Darby Ave, Los Angeles, CA 91335

Listing Price: $5,995,000

Cap Rate
5.21%
Number of Units
31
GRM
10.56
Price/Unit
$193,387
Price/Gross SF
$269.38
Gross SF
22,255

Investment Overview

The Azzi Group of Marcus & Millichap is pleased to present 6653 Darby Avenue, a 31-unit multifamily investment opportunity in Reseda, California. Built in 1961, the property totals approximately 22,255 SF on a 31,059 SF lot and features a desirable mix of (19) one-bedroom units, (11) two-bedroom/one-bath units, and (1) two-bedroom/two-bath unit. The property offers significant value-add potential, with over 50% rental upside and nearly $1,000,000 in completed capital improvements.

Investment Highlights

  • Prime San Fernando Valley Location
  • ~50.23% Rental Upside
  • Desirable Unit Mix for Long-Term Demand
  • Stabilized Occupancy + Market Strength

Exclusively Listed By

Multifamily

6653 Darby Ave

Listing Price: $5,995,000

Cap Rate
5.21%
Number of Units
31
GRM
10.56
Price/Unit
$193,387
Price/Gross SF
$269.38
Gross SF
22,255

Investment Highlights

  • Prime San Fernando Valley Location
  • ~50.23% Rental Upside
  • Desirable Unit Mix for Long-Term Demand
  • Stabilized Occupancy + Market Strength

Investment Overview

The Azzi Group of Marcus & Millichap is pleased to present 6653 Darby Avenue, a 31-unit multifamily investment opportunity in Reseda, California. Built in 1961, the property totals approximately 22,255 SF on a 31,059 SF lot and features a desirable mix of (19) one-bedroom units, (11) two-bedroom/one-bath units, and (1) two-bedroom/two-bath unit. The property offers significant value-add potential, with over 50% rental upside and nearly $1,000,000 in completed capital improvements.

Exclusively Listed By

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