Millman Team Real Estate

$10,800,000
46 Bed
46 Bath
25,480 Sqft
0.55 Acre Lot

1818 Vassar Street, Glendale, California 91204

  • Residential Income Property Type
  • 25,480 Sqft Square Footage
  • 1987 Year Built
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!

Basic Details
Residential Income
For Sale
26667623
$10,800,000
46
46
25,480 Sqft
1987
0.55 Acre
Active
Features
: Common Area
$0
Address Map
CA
Los Angeles
Glendale
91204
Vassar
1818
Street
W119° 44' 42.8''
N34° 7' 20.5''
This great investment opportunity is located in the city of Glendale, near the major intersection of South Brand Blvd and North San Fernando Road. You can enter into the small side street of Vassar Street located just off of Glendale Blvd, which is the beginning of where South Brand Blvd starts.
628 - Glendale-South of 134 Fwy
GLR4*
Neighborhood
Glendale Unified
Additional Information
$0
$0
$0
$0
$0
25480
: Multi/Split
31
2026-03-20
2
Broker/Agent Information
Remax Commercial and Investment Realty
Shant Sherbetdjian
Listing Information
Juan Cardenas
CLW-X94802
CLW-X7538301
Remax Commercial and Investment Realty
CLW-X83172
CLW-X7538301
Active
2026-03-28T07:18:55Z
CRMLS
: Standard
2026-03-20T00:00:00Z
Agent info
Ray Millman
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