1818 Vassar St , Glendale, CA 91204
$10,800,000
Est. Payment: $54,542.51/mo
3 Bed
2 Bath
25480 Sqft
Status: active | Days on site: 8
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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!

Highlights

Listed by Shant Sherbetdjian , 626-657-8150 and Juan Cardenas , 562-587-5494 Remax Commercial and Investment Realty , 213-817-1000. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.55

Year Built

1987

County

Los Angeles

Area

628 - Glendale-South of 134 Fwy

School District

Glendale Unified

Listing ID

26667623

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Garage Capacity:52
Zoning:GLR4*
Others:2+ Total Units
Principal Interest
$54,543
Taxes
$6,885

Home Price

$10,800,000

Loan Details

30 yrs
6.488%

Down Payment

20%
$2,160,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$54,542.51

Principal

Taxes

Principal Taxes HOA Total
Monthly $54,542.51 $6,885.00 $0.00 $61,427.51
Yearly $654,510.12 $82,620.00 $0.00 $737,130.12
Total $19,635,303.55 $2,478,600.00 $0.00 $22,113,903.55

Today's Rates

30 Year

6.49%

20 Year

6.4%

15 Year

5.96%

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Market insight data is pulled from the same city as the listing being viewed (Glendale, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-10T06:36:58.000Z

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