701 E Palm Street, Altadena, CA 91001

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 co

Listing Status:

Pending

Date Added:

January 9, 2026

Data Last Updated:

February 8, 2026 at 7:06AM

Listing Office:

Rise Realty : 866-344-7473

Listing Agent:

Kevin Akbari : 949-415-8033

MLS ID:

CROC26005888

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LCR15841015031
• View: Mountain(s)

Utilities

• Utilities: Other Water/SewerElectricity ConnectedNatural Gas ConnectedSewer On Site
• Sewer: Other

Financial

• Source: CRMLS