$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 2 months 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:
May 20, 2026 at 10:06PM
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

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