1818 Vassar ST, Glendale, CA 91204
1818 Vassar ST, Glendale, CA 91204
1818 Vassar ST, Glendale, CA 91204
1818 Vassar ST, Glendale, CA 91204
1818 Vassar ST, Glendale, CA 91204
1818 Vassar ST, Glendale, CA 91204
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Sam Mu

Sam Mu

+1(949) 258-2228
$ 10,800,000
Est. payment | /mo

46 Beds

46 Baths

25,480 SqFt

Save
$ 10,800,000
Est. payment | /mo
Save

46 Beds

46 Baths

25,480 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 25,480 sqft

Price per Sqft $423

MLS Listing ID 26667623

Bedrooms 46

HOA Y/N No

Year Built 1987

Lot Size 0.552 Acres

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 a private showing. Excellent 1031 Exchange potential for an exceptional investment opportunity act now!

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Zoning GLR4*

Interior

Fireplace No

Laundry Common Area

Exterior

Total Parking Spaces 52

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Schools

School District Glendale Unified

Others

Senior Community No

Tax ID 5640037037

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Shant Sherbetdjian Remax Commercial and Investment Realty #01713570

Nearby Locations

Sam Mu

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 258-2228

sammuteam@gmail.com

880 Roosevelt Suite 250, Irvine, California 92620, United States

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1818 Vassar ST