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$ 649,000
Est. payment | /mo
7,601 Sqft Lot
$ 649,000
Est. payment | /mo
7,601 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25143740
HOA Y/N No
Lot Size 7,601 Sqft
Property Description
Discover a rare, build-ready parcel in one of Altadena's most sought-after foothill neighborhoods. Situated at 701 E Palm Street, this expansive 7,600 sq ft vacant lot offers an ideal blank canvas for developers, investors, or end-users looking to capitalize on Southern California's 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 California's 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. Don't miss this opportunity to build in a blue-chip pocket of Altadena where inventory is scarce and upside is significant.
Location
State CA
County Los Angeles
Area 604 - Altadena
Zoning LCR175
Interior
Fireplace No
Exterior
Community Features Suburban, Valley
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N Yes
View Mountain(s)
Present Use Residential,Single Family
Building
Lot Description Rectangular Lot
Water Public
New Construction No
Others
Senior Community No
Tax ID 5841015031
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Kevin Akbari Alta Realty Group CA, Inc 949-415-8033