$960,000
About this home
Location, Location, Location! Double the Assets, Secure TWO properties for sale 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. 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, 24 hours notice.
Facts & features
- Interior features
- Furnished
- Appliances
- Gas Range, Water Heater
- Flooring
- Tile
- Fireplace
- None
- Heating
- See Remarks
- Cooling
- Wall Window Units
- Laundry
- Washer Hookup
- Levels
- One
- Spa
- None
- Lot size
- 0.264 acres (11,478 sq ft)
- Pool
- None
- Year built
- 1924
- Parking spaces
- 4
- Area
- 604 - Altadena
- County
- Los Angeles
- Community features
- Street Lights
- Status
- Active
- Property type
- Single Family Residence
- Days on market
- 329
- Listed
- 2025-08-24
- Original price
- $1,000,000
- Terms
- Cash, Conventional, Exchange 1031, Fha 203k
- Parcel #
- 5835018016
- MLS #
- DW25191140