701 E Palm Street, Altadena, CA 91001
Local realty services provided by:CENTURY 21 Cornerstone
701 E Palm Street,Altadena, CA 91001
$470,000
- - Acres
- Lots / Land
- Sold
Listed by: kevin akbari
Office: rise realty
MLS#:OC26005888
Source:CRMLS
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Price summary
- Price:$470,000
About this home
Discover a rare, build-ready parcel in one of Altadena’s most sought-after foothill neighborhoods. Situated at 701 E Palm Street, this expansive 7,500 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 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 quality inventory is scarce and upside is significant.
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Home facts
- Listing ID #:OC26005888
- Added:52 day(s) ago
- Updated:March 04, 2026 at 07:33 AM
Structure and exterior
- Lot Features:Rectangular Lot
Utilities
- Water:Public, Water Available
- Sewer:Sewer Available
Finances and disclosures
- Price:$470,000
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