1595 E Chevy Chase Dr
Glendale, CA 91206
Monarch Terrace Apartments · Multifamily Property For Sale · 56 Units

CBRE, Inc. is proud to exclusively present Monarch Terrace, a distinguished multifamily asset ideally situated in Glendale, California — “The Jewel City.” Strategically positioned along East Chevy Chase Drive, this exceptional property presents discerning investors with a rare opportunity to acquire a premier holding in one of Southern California’s most coveted submarkets.
Rising prominently on a ±28,608 GLR4-zoned parcel, this well-maintained asset encompasses a thoughtfully curated unit mix of 56 residences designed to serve diverse tenant profiles across studio, one and two-bedroom layouts — delivering consistent occupancy and durable income performance.
Northern Glendale’s prime location offers unparalleled connectivity, with seamless access to the I-134 and I-2 freeways placing the entire region within effortless reach. Residents enjoy an enviable lifestyle surrounded by top-rated public schools, world-class dining destinations, artisan bakeries, specialty coffee houses, and essential services along the vibrant corridors connecting Burbank and Pasadena. The iconic Americana at Brand, Glendale Galleria, and a thriving downtown further elevate the location’s appeal to exceptional heights.
While Glendale remains free from citywide rent control ordinances, the property operates under AB 1482 guidelines. With robust market fundamentals anchoring its performance, Monarch Terrace represents an outstanding acquisition for investors pursuing appreciation potential, reliable cash flow, and a proven inflation hedge in one of California’s most resilient markets.