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Listed by Christian Garcia • Big Block Powerhouse Realty
$960,000
Est. payment /mo
1,124 SqFt
Active Under Contract
2246 Glenrose Avenue Altadena, CA 91001
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,124 sqft
Price per Sqft $854
MLS Listing ID DW-25191140
Year Built 1924
Lot Size 0.263 Acres
Property Sub-Type Single Family Residence
Source California Regional Multiple Listing Service (CRMLS)
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.
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.
Location
State CA
County Los Angeles
Area 604 - Altadena
Zoning LCR175
Interior
Interior Features Furnished
Heating See Remarks
Flooring Tile
Fireplaces Type None
Laundry Washer Hookup
Exterior
Pool None
Community Features Street Lights
Utilities Available Sewer Available, Water Available, Electricity Available
Building
Lot Description Lot 10000-19999 Sqft
Sewer Public Sewer
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