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 Details
Price:
$649,000
MLS #:
OC25143740
Status:
Active
Baths:
0
Address:
701 E Palm Street 5841015031
Type:
Land
Neighborhood:
604altadena
City:
Altadena
Listed Date:
Jun 30, 2025
State:
CA
ZIP:
91001
Lot Size:
7,600 sqft / 0.17 acres (approx)
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Suburban, Valley
Lot Features
Lot 6500-9999, Rectangular Lot
View
Mountain(s)
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Map
Community
- Address701 E Palm Street 5841015031 Altadena CA
- Area604 – Altadena
- CityAltadena
- CountyLos Angeles
- Zip Code91001
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701 E Palm Street 5841015031
Altadena, CA
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