Property Details
About this Property
Location, Location, Location! Double the Assets, One Investment! 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" This prime 11,478 sq ft lot presents a rare opportunity to build in one of Altadena’s most sought-after neighborhoods. Zoned 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 $144,000K. Conveniently located just 7–10 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 12–18 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.
MLS Listing Information
MLS #
CRDW25191140
MLS Source
California Regional MLS
Days on Site
7
Interior Features
Appliances
Oven Range - Gas
Cooling
Window/Wall Unit
Heating
Other
Exterior Features
Roof
Shingle
Foundation
Concrete Perimeter
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Water
Private
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 1 | 1 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2246 Glenrose Ave is a Residential Income in Altadena, CA 91001. This – square foot property sits on a 11,478 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,000,000 and was built in 1924. This address can also be written as 2246 Glenrose Ave, Altadena, CA 91001.
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Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of August 28, 2025. For the most current information, please contact Christian Garcia, (424) 703-7030
