701 E Palm, Altadena, CA

$574,000

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0.17

Acres

About 701 E Palm

Discover a rare, build-ready parcel in one of Altadenas most sought-after foothill neighborhoods. Situated at 701 E Palm Street, this expansive 7,500 sq ft vacant lot (approx. 55 ft x 136 ft) offers an ideal blank canvas for developers, investors, or end-users looking to capitalize on Southern Californias evolving housing landscape. The property has already undergone Phase 2 environmental clearance with a final certificate of completion, saving you months of time, permitting delays, and demolition costs. With a generally level terrain, existing driveways, and utility access at the street, this lot is truly shovel-ready. Zoned R-1-7500, the site qualifies under Californias SB9 legislation to potentially support two primary dwellings and two ADUs, a tremendous opportunity for rental income, multi-generational living, or resale of two separate units. Whether your vision is luxury duplexes, income-generating ADUs, or a custom estate, the flexibility here is unmatched. Tucked into a peaceful residential enclave with panoramic views of the San Gabriel Mountains, this lot offers not just utility, but beauty. The property boasts lush established landscaping, towering palm trees, and a shared driveway entrance, adding both charm and privacy. Surrounded by newly built and in-progress construction, this block is poised for long-term growth and resale potential. The property is owned free and clear, no loan on title, allowing for a smooth and efficient closing process. 701 E Palm stands out with its combination of location, lot dimensions, and development readiness. Dont miss this oppo

Features of 701 E Palm

MLS® # OC25143740
Price $574,000
Acres 0.17
Type Land
Sub-Type Lots/Land
Status Active

Community Information

Address 701 E Palm
Area ALTADENA (91001)
City Altadena
County Los Angeles
State CA
Zip Code 91001

Amenities

Utilities Electric,Natural Gas
Is Waterfront No
Has Pool Yes

Interior

Fireplace Yes

Additional Information

Date Listed June 30th, 2025
Days on Market 94
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAlta Realty Group CA, Inc

Listing Map

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