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701 E Palm Street, Altadena, CA 91001

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For Sale

$649,000

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

Explore this Property

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.
MLS# OC25143740

Courtesy Of Alta Realty Group CA, Inc.

(888) 504-5327

Property Features

  • Architecture Style
    Other
  • View Type
    Mountain

Map and Directions

Directions to 701 E Palm Street, Altadena, CA 91001

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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