2246 Glenrose Avenue, Altadena, CA 91001

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Glen Henderson

[email protected] +1(619) 889-7646

$1,000,000

Est. payment - /mo

3 Beds

0.26 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25191140

Bedrooms 3

Lot Size 0.263 Acres

Property Sub-Type Res Income 2-4 Units

Property Type Res Income 2-4 Units

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 Altadenas most sought-after neighborhoods. Zoned R3, the property offers incredible development potentialincluding 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

Zoning Assessor

Direction Right next to 2252 Glenrose Ave, Altadena

Interior

Heating Other/Remarks

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 5835018016

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Listed by Christian Garcia Big Block Powerhouse Realty

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

2246 Glenrose Avenue Altadena, CA 91001

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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