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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.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 8/4/2025 | Year Built | 0 |
|---|---|---|---|
| Community | 604 - Altadena | County | Los Angeles |
Price History
| Prior to Aug 4, '25 | $649,000 |
|---|---|
| Aug 4, '25 - Today | $599,000 |
Additional Details
| AREA | 604 - Altadena |
|---|---|
| LOT | 7601 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Public |
Location
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Listed with Alta Realty Group CA, Inc
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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