$10,800,000

1818 Vassar Street, Glendale, CA 91204

  • 25,480 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1987
  • Property Lot Size Icon0.55acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $424/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

We are pleased to present 1818-1826 Vassar Street, a rare opportunity to acquire a fully stabilized 31-unit apartment building in Glendale. Built in 1987, the property totals 25,480 SF multi-story building on a 23,990 SF lot zoned and features 16 one-bedroom/1-bath units and 15 two-bedroom/1.5-bath units, with 50 covered parking spaces in a fully sprinklered below-grade garage. Individually metered for gas and electricity, master-metered for water, and fully secured with intercom access, the building also offers on-site laundry and excellent curb appeal. This asset provides immediate cash flow and offers significant value-add potential. Investors can enhance rents in compliance with AB 1482, implement capital improvements, and maximize returns in a market with no local rent control. With its strong unit mix, ample parking, and turnkey condition, this property is ideal for long-term investors or value-add strategies in Glendale, a city considered one of the leading most desirable neighborhoods of the area. This property is centrally located and within a short drive to The Americana at Brand & the vibrant Atwater Village Shopping/Retail Corridor. **Property Video link is provided. Do not contact tenants or the on-site manager. Contact listing agents for full details and to schedule

Listing Status:
Active
Date Added:
March 20, 2026
Data Last Updated:
April 1, 2026 at 9:09PM
Listing Office:
Remax Commercial and Investment Realty : 213-817-1000
Listing Agent:
Shant Sherbetdjian : 626-657-8150
MLS ID:
CL26667623
  • Laundry: Common Area
  • County: Los Angeles
  • Zoning: GLR4*5640037037

This listing courtesy of Shant Sherbetdjian , Remax Commercial and Investment Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cerritos Elementary School

120 E Cerritos Ave, Glendale, CA, 91205

Grades PK-6

0.19 miles away

T

Theodore Roosevelt Middle School

222 E Acacia Ave, Glendale, CA, 91205

Grades 6-8

0.84 miles away

D

Daily (Allan F.) High (Continuation)

220 N Kenwood St, Glendale, CA, 91206

Grades 9-12

1.86 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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