Under Contract

2246 Glenrose Avenue

Altadena, CA 91001

$960,000 $4,047/Mo

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Overview

Bed

Bath

1,124

Sqft

11,478

Sqft(Lot)

Description

Location, Location, Location! Double the Assets, Secure TWO properties at the price of ONE, 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 and previously generated a strong annual scheduled gross income of $144,000. 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, 48 hours noticed in order to enter the property. Property shall be delivered vacant.

Property Details

Property Type : Residential Income

Price : $960,000

AD Id : 66719499

MLS Id : DW25191140

Lot Size : 11,478 Sqft

Living Area Size : 1,124

Year Built : 1924

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public,Private Sewer: Public Sewer
Interior Features

Roof: Shingle Interior Features: Furnished Windows: Insulated Windows,Screens Property Appliances: Gas Range,Water Heater Fireplace: None Flooring: Tile
Cooling Features

Wall/Window Unit(s) Air Conditioning

Heating Source

See Remarks Has Heating

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1924 Building Area Total: 1,124 Roof: Shingle
Foundation

Concrete Perimeter
Accessibility Features

Parking

Pool Features

None

Laundry Features

Washer Hookup

Fencing

None

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2635
Lot Size Source: Assessor Lot Size Square Feet: 11478

Listing Price Information

Original List Price: 960,000 Listing Contract Date: 2025-08-24
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5835018016

Rental Info

Lease Term: Negotiable Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Active Under Contract Source Neighborhood: 604 - Altadena Postal Code Plus 4: 5530 Directions: Right next to 2252 Glenrose Ave, Altadena Zoning: LCR175 Source Property Type: Residential Income Area: 604 - Altadena Property SubType: Single Family Residence
Building and Construction

Property Age: 102 Common Walls: No Common Walls Property Condition: Repairs Cosmetic Structure Type: Single Family Residence Year Built Source: Assessor Entry Level: 1 Entry Location: driveway Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1696 N Altadena Drive, Altadena, CA, 91001	$1,499,999	4	3	2,250	2,250 SqFt
2151 N Altadena, Altadena, CA, 91001	$1,745,000	3	2	1,744	1,744 SqFt
2201 Roosevelt Avenue, Altadena, CA, 91001	$1,399,000	3	3	2,243	2,243 SqFt
2185 N Roosevelt Avenue, Altadena, CA, 91001	$1,899,000	3	1	2,160	2,160 SqFt
2061 N Roosevelt Avenue, Altadena, CA, 91001	$1,450,000	3	2	1,621	1,621 SqFt
2452 N Altadena Drive, Altadena, CA, 91001	$1,595,000	3	2	2,223	2,223 SqFt
2217 Crescent Drive, Altadena, CA, 91001	$3,995,000	6	4	5,917	5,917 SqFt
2555 N Altadena Drive, Altadena, CA, 91001	$2,395,000	4	4	3,297	3,297 SqFt
2065 E Altadena, Altadena, CA, 91001	$3,999,998	7	9	6,125	6,125 SqFt
2060 E Altadena Drive, Altadena, CA, 91001	$2,475,000	4	2	3,016	3,016 SqFt

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ByOwner last updated this listing 06/15/2026 @ 22:56

MLS: DW25191140 LISTED BY: Christian Garcia, Big Block Powerhouse Realty 323-562-7777 SOURCE: CRMLS