Homes for sale - 701 East Palm Street, Altadena, CA 91001

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Demi Fox

demifox4re@gmail.com +1(805) 490-1401

Listed by Kevin Akbari • Rise Realty

$ 499,000

Est. payment | -/mo

7,480 Sqft Lot

Save

$ 499,000

Est. payment | -/mo

Save

7,480 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID OC-26005888

Lot Size 7,480 Sqft

Source California Regional Multiple Listing Service (CRMLS)

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 7,500 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.

Location

State CA

County Los Angeles

Area 604 - Altadena

Zoning LCR175

Exterior

Community Features Suburban, Valley

Utilities Available Sewer Available, Water Available, Electricity Available, Natural Gas Available

View Y/N Yes

View Mountain(s)

Building

Lot Description Lot 6500-9999, Rectangular Lot

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

8

Odyssey Charter

Public | KG - 8
7

Pasadena Rosebud Academy

Public | KG - 6
7

Aveson School of Leaders

Public | KG - 5
6

Daniel Webster Elementary School

Public | PK - 5
5

Washington Elementary School

Public | PK - 5
5

Longfellow Elementary School

Public | PK - 5
5

Norma Coombs Elementary School

Public | KG - 5
4

Franklin Elementary School

Public | PK - 5
4

Roosevelt Elementary School

Public | PK - 5
3

Jackson STEM Magnet

Public | PK - 5
3

Cleveland Elementary School

Public | PK - 5
3

Jefferson Elementary School

Public | PK - 5
2

Madison Elementary School

Public | PK - 5
1

Altadena Arts Magnet

Public | PK - 5
1

Cis Academy

Public | KG - 12
0

Five Acres School

Private | 1 - 10
0

Chandler School

Private | KG - 8
0

St Monica Academy

Private | 1 - 12
0

New Horizon School Pasadena

Private | PK - 8
0

Harambee Preparatory School

Private | PK - 6

Middle Schools 8

8

Marshall Fundamental

Public | 6 - 12
6

Pasadena Rosebud Academy Middle School

Public | 7 - 8
5

Aveson Global Leadership Academy

Public | 6 - 12
2

Charles W. Eliot Arts Magnet Academy

Public | 6 - 8
1

Washington STEAM Multilingual Academy

Public | 6 - 8
0

Excelsior School

Private | 8 - 12
0

The Peace & Justice Academy

Private | 6 - 12
0

Learning Works

Public | 7 - 12

High Schools 4

6

Pasadena High School

Public | 9 - 12
3

John Muir High School

Public | 9 - 12
0

Agbu Vatche and Tamar Manoukian High School

Private | 9 - 12
0

Agbu Vatche & Tamar Manoukian High School

Private | 9 - 12

School and business data provided by Attom Data.

+1(805) 490-1401

demifox4re@gmail.com

1464 Madera Rd N. Suite 253, Valley, CA, 93065

701 East Palm Street Altadena, CA 91001