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Villa Roma 6632 Darby Ave 19 Unit Apartment Building $5,399,199 CAD ($284,168 CAD/Unit) 5.48% Cap Rate Reseda, CA 91335
INVESTMENT HIGHLIGHTS
- Prime San Fernando Valley Location
- Attractive Basis + Strong Fundamentals
- Strong Additional Income Stream - The property generates approx. $21,000 annually in ancillary income
- ~52.43% Rental Upside
- Desirable Unit Mix - strong configuration of (11) 1BD/1BA units, (7) 2BD/2BA units, and (1) 3BD/2BA unit
- Stabilized Occupancy + Market Strength
EXECUTIVE SUMMARY
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 25–28% 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.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $5,399,199 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $284,168 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.42 AC |
| Cap Rate | 5.48% | Building Size | 15,751 SF |
| Gross Rent Multiplier | 10.28 | Average Occupancy | 100% |
| No. Units | 19 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 1.33/1,000 SF |
| Zoning | LAR3 | ||
| Price | $5,399,199 CAD |
| Price Per Unit | $284,168 CAD |
| Sale Type | Investment |
| Cap Rate | 5.48% |
| Gross Rent Multiplier | 10.28 |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 15,751 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | LAR3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Hardwood Floors
SITE AMENITIES
- Laundry Facilities
- Gated
- Vintage Building
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 11 | $1,994 CAD | 601 - 700 |
| 2+2 | 7 | $2,645 CAD | 987 - 997 |
| 3+2 | 1 | $3,454 CAD | 1,109 |
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 2125-017-009 | Improvements Assessment | $1,940,619 CAD |
| Land Assessment | $833,094 CAD | Total Assessment | $2,773,713 CAD |
PROPERTY TAXES
Parcel Number
2125-017-009
Land Assessment
$833,094 CAD
Improvements Assessment
$1,940,619 CAD
Total Assessment
$2,773,713 CAD
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Villa Roma | 6632 Darby Ave
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