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$ 574,000
Est. payment | /mo
7,480 Sqft Lot
$ 574,000
Est. payment | /mo
7,480 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25143740
Lot Size 7,480 Sqft
Lot Dimensions 55 x 136
Property Sub-Type Lots/Land
Property Description
Discover a rare, build-ready parcel in one of Altadenas 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 Californias 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 Californias 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. Dont miss this oppo
Location
State CA
County Los Angeles
Direction Lake Ave. & E. Palm St.
Interior
Fireplace No
Exterior
Utilities Available Electric, Natural Gas
View Y/N No
Present Use Residential
Others
Senior Community No
Tax ID 5841015031
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Kevin Akbari Alta Realty Group CA, Inc
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