2246 Glenrose Avenue, Altadena, CA 91001

• 1,124 sqft

Property 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.

Listing Status:

Active

Date Added:

August 24, 2025

Data Last Updated:

May 20, 2026 at 2:16PM

Listing Office:

Big Block Powerhouse Realty : 323-562-7777

Listing Agent:

Christian Garcia : 424-703-7030

MLS ID:

DW25191140

Interior

• General: Furnished
• Appliances: Gas RangeWater Heater
• Laundry: Washer Hookup
• Flooring: Tile
• A/C: Wall/Window Unit(s)
• Heating: See Remarks
• Fireplace: None
• Disability Feature: Parking

Exterior

• General: None
• Pool: None
• Parking: Parking spaces: 4

Construction

• Roofing: Shingle
• Windows: Insulated WindowsScreens
• General: 1Concrete Perimeter

Location

• Road/Access: City StreetPrivate Road
• HOA Amenities: 0.0
• Originating MLS: CRMLS_CRM
• County: Los Angeles

Lot

• Zoning: LCR1755835018016
• Fencing: None

Utilities

• Utilities: Electricity AvailableSewer AvailableWater Available220 Volts
• Water: PublicPrivate
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM