1818 Vassar St

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!

This home located at 1818 Vassar St is currently active and has been available on pardeeproperties.com for 99 days. This property is listed at $10,800,000. It has 46 beds and 46 bathrooms. The property was built in 1987. 1818 Vassar St is in the Glendale-South of 134 Fwy community of Los Angeles County.

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