2246 Glenrose Avenue, Altadena, CA 91001
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates

2246 Glenrose Avenue,Altadena, CA 91001
$1,000,000
- 6 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:christian garcia
Office:big block powerhouse realty
MLS#:DW25191140
Source:SANDICOR
Price summary
- Price:$1,000,000
About this home
Location, Location, Location! Double the Assets, One Investment! Secure TWO properties at the price of ONEan 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" This prime 11,478 sq ft lot presents a rare opportunity to build in one of Altadenas most sought-after neighborhoods. Zoned R3, the property offers incredible development potentialincluding multi-units with additional ADUsmaking 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 $144,000K. Conveniently located just 710 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 Freewaythis location is a true gem. The rebuild timeline can be surprisingly efficientas little as 1218 monthsfor 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. Please do not disturbed tenants, monthly rent is $3K, tenant's are paying for gas and l
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Home facts
- Listing Id #:DW25191140
- Added:1 day(s) ago
- Updated:August 27, 2025 at 08:33 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
Heating and cooling
- Cooling:Wall/Window
Finances and disclosures
- Price:$1,000,000
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