1818 Vassar Street, Glendale, CA 91204
1818 Vassar Street, Glendale, CA 91204
1818 Vassar Street, Glendale, CA 91204
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Pamela Oettel

Pamela Oettel

+1(510) 703-8636
$10,800,000
Est. payment /mo
25,480 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 25,480 sqft

Price per Sqft $423

MLS Listing ID CL26667623

HOA Y/N No

Year Built 1987

Lot Size 0.552 Acres

Acres 0.55

Property Sub-Type Other

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

Location

State CA

County Los Angeles

Zoning GLR4*

Interior

Fireplace No

Laundry Common Area

Building

New Construction No

Others

Tax ID 5640037037

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Bridge MLS
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Listed by Shant Sherbetdjian • Remax Commercial and Investment Realty

NEARBY SCHOOL & BUSINESS

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