$960,000
$40K PRICE DROP

2246 Glenrose Ave Altadena, CA 91001

Altadena Area

Estimated payment $6,231/month

Total Views 19,417
3 Beds
1 Bath
1,124 Sq Ft
$854 Price per Sq Ft

Highlights

  • Furnished
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • No HOA
  • Accessible Parking
  • Heating Available

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.

Listing Agent

Christian Garcia

Big Block Powerhouse Realty Brokerage Phone: 424-703-7030 License #02172668 Listed on: 08/24/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 11,478 Sq Ft Lot
  • Property fronts a private road
  • Property is zoned LCR175

Parking

  • 4 Parking Spaces

Home Design

  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,124 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Tile Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Washer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • 220 Volts
  • Private Water Source
  • Water Heater

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 55
  • Tax Tract Number 4610
  • Assessor Parcel Number 5835018016
  • $1,683 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Building Details

  • 1 Leased Unit
  • Rent Control
  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0.26 Acres

Listing Details

  • CapRate: 3.40
  • Property Attached: No
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved, Alley Paved
  • Water Sewer Expenses: 900.00
  • Zoning: LCR175
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 5835018016
  • Year Built: 1924
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Furnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Insulated Doors
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 854.09
  • Window Features: Insulated Windows, Screens

Exterior Features

  • Foundation: Concrete Perimeter
  • Fence: No
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Water Available, Sewer Available, Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater, Gas Range
  • Electric: 220 Volts
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 140.00
  • Water Source: Private, Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11478.00
  • Lot Size Acres: 0.2635

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Income: 36000.00
  • Gross Operating Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Lot Size Area: 11478.0000 Square Feet
  • Net Operating Income: 34960.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 1
  • Operating Expense: 1040.00
  • Rent Control: Yes
  • Total Actual Rent: 3000.00
  • Total Expenses: 1040.00

Tax Info

  • Tax Census Tract: 4610.00
  • Tax Lot: 55
  • Tax Tract Number: 4610.00
  • TaxOtherAnnualAssessmentAmount: 1683.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/09/2026 03/09/26 Price Changed $960,000 -4.0% $854 / Sq Ft
08/24/2025 08/24/25 For Sale $1,000,000 -- $890 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25191140

California Regional Multiple Listing Service (CRMLS)

APN: 5835-018-016

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