2246 Glenrose Avenue, Altadena, CA 91001

$960,000

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List Price
$960,000
Price Change
▼ $40,000 1773090492
Status
ACTIVE
MLS#
DW25191140
Year Built
1924
Lot Size
11,478
Acres
0.26
Days on Market
339
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

Location, Location, Location! Double the Assets, Secure TWO properties for sale an incredible opportunity for savvy investors. Seller is set for a 1031 Exchange and has identified replacement properties. Maximize your portfolio growth with this rare, high-return opportunity! 2252 & 2246 Glenrose Ave for sale! This prime 11,478 sq ft lot presents a rare opportunity to build in one of Altadena’s most sought-after neighborhoods. Subject to change-R3, the property offers incredible development potential—including multi-units with additional ADUs, making it ideal for investors or builders looking to maximize long-term value. Owned by the same seller for over 38 years, the property has appreciated significantly. Conveniently located just 7 to 10 minutes from iconic landmarks such as Hahamongna Watershed Park, the Rose Bowl Stadium, the Jet Propulsion Laboratory (JPL/NASA), and quick access to the 210 Freeway, this location is a true gem. The rebuild timeline can be surprisingly efficient, as little as 12 to 18 months, for buyers with plans, insurance, and debris clearance ready. This makes it a prime candidate for a smart, strategic development project. Sold As-Is — Buyer to conduct all due diligence. Buyers are strongly encouraged to independently verify zoning, development prospects, and required remediation with Los Angeles County. Drive-by Only — Please do not enter the property, 24 hours notice.

Additional Information

Appliances
Gas Range, Water Heater
Pool Description
None
Heat
See Remarks
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Roof
Shingle
Sewer
Public Sewer
Water
Public, Private
Interior Features
Furnished
Attached Structure
Detached
Number Of Units Total
1
Gross Scheduled Income
$36,000
Operating Expense
1040

Listing courtesy of Listing Agent: Christian Garcia (Christiangarcia2022@outlook.com) from Listing Office: Big Block Powerhouse Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.