Search
Altadena Development Opportunity
For Sale
Contact for pricing

2246 Glenrose Avenue, Altadena, CA 91001

Two adjacent properties with development potential in a prime location.

Property SizeContact for details
Lot Size0.26 Acres
Days on Market371

Property Features for 2246 Glenrose Avenue

General Information

Standard status Active
Lot size 0.26 Acres
Property subtype Multifamily
Zoning Assessor

Building Details

Buildings 1
Stories 1
Units 1
Listing Agency: Big Block Powerhouse Realty
Listed By: Christian Garcia · License #02172668
Source: Crexi
Added: Aug 24, 2025 Changed: Aug 14 Last Checked: Aug 14 at 6:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Big Block Powerhouse Realty

Investment Insights

Based on property information with market context.

Located in a sought-after Altadena neighborhood, this offering includes two properties on a 11,478 sq ft lot, presenting a development opportunity. The R3 zoning suggests potential for multi-unit construction with additional ADUs, appealing to investors and builders aiming to maximize long-term value. The property, owned by the same seller for over 38 years, has significantly appreciated and previously generated a strong annual scheduled gross income of $144,000. Situated conveniently, the location is 7 to 10 minutes from Hahamongna Watershed Park, the Rose Bowl Stadium, and the Jet Propulsion Laboratory (JPL/NASA), with quick access to the 210 Freeway. The rebuild timeline is estimated at 12 to 18 months for buyers with prepared plans, insurance, and debris clearance. Buyers are advised to independently verify zoning, development prospects, and required remediation with Los Angeles County. The property will be delivered vacant and is sold As-Is.

Key Highlights

  • Two properties (2252 & 2246 Glenrose Ave) offered at the price of one, presenting a unique investment opportunity.
  • High‑potential 11,478 sq ft lot zoned R3, allowing for multi‑unit development with additional ADUs.
  • Strong income potential, previously generating a $144,000 annual gross income.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

810
Businesses Nearby

Demographics for 91001, CA

36,578
Population
13,335
Households
2.7
Avg Household Size
45
Median Age
52%
College-Educated
93%
High-School Grad
8.3 sq mi
ZIP Area
4,407
Density / Sq Mi
$133,840
Median Household Income
$64,449
Median Earnings
$2,298
Median Rent
$1,085,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two adjacent properties with development potential in a prime location.
Where is this residential land & home lot located?
The property is located at 2246 Glenrose Avenue Altadena, CA.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: Two properties (2252 & 2246 Glenrose Ave) offered at the price of one, presenting a unique investment opportunity.; High‑potential 11,478 sq ft lot zoned R3, allowing for multi‑unit development with additional ADUs.; Strong income potential, previously generating a $144,000 annual gross income.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message