Property
Listing Agent: Tony Azzi (DRE #00910513) · Listing Office: Tony Azzi · Contact: 310-909-5454 · Bought with: Raymond Rodriguez · Equity Union · MLS #26633123 · Source: CRMLS
6632 Darby Avenue sold for $3,600,000 in August 2026, 4.0% under its $3,750,000 list price, after 105 days on the market. It was first listed at $3,900,000. That works out to $229 per square foot on 15,751 square feet. Across 208 closed sales in 91335 over the last 12 months, the median sold price is $803,000 and the median is $509 per square foot, 122% above this sale's $229.
| Quarter | Closed sales in 91335 | Median sold price |
|---|---|---|
| Q1 2026 | 13 | $730,000 |
| Q2 2026 | 90 | $817,500 |
| Q3 2026 | 93 | $801,000 |
| Q4 2026 | 12 | $797,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Reseda · Homes for sale in 91335
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 description from the August 2026 sale, as reported to CRMLS.
Closed sales reported in 91335, nearest first, last 12 months. All recent sales in Reseda →