566 W Palm Street
Altadena, CA 91001

  • – beds
  • – baths
  • – sqft
  • ~1/2 acre lot
  • on site

This expansive lot of 16,441 sf is approximately 110 ft wide by 150 ft deep, making it a fantastic development opportunity. The soils report was favorable and can be seen in the documents section. Through looking at the code and confirming with the city, the owner was told that you can build a single family home of up to 5,000 sf with two ADU's of up to 1,200 sf each. Other development options include a triplex (two primary dwelling units with one ADU) or a quadplex (a duplex with two ADUs). The lot is able to be split using SB 9 into two 8,000+ sf parcels, per the owner's conversations with the sub-divisions department. In this scenario, you would be able to build a home of up to 3,000 sf and an ADU of up to 1,200 sf on each parcel (a total of two homes and two ADUs). Each parcel of home + ADU can be sold separately. The lot is located across the street from Loma Alta Park with views of the mountains as well as close proximity to great hiking trails. The park has a plethora of features including a neighborhood community garden, tennis courts, playgrounds and several other amenities. The property backs into a wooded area, creating a serene and tranquil backyard that is hard to find in Los Angeles. More information about the property can be provided upon request from the listing agent. Please check with the zoning, planning and subdivision offices to verify property and development information. With such an amazing location on a double lot sized parcel and so many development options, it is an extremely rare find for creating anything from your dream home to a four unit development.

California Regional MLS logo Listed By CRMLS_CA / James McDonnell / Engel & Voelkers Pasadena

Last checked: Checking… • Last updated Apr 26, 2024 •

MLS# P1-17372 —

This property is listed in more than one place. See it here.

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Sale history

Date Event Source Price % Change
4/24/24
Relisted CRMLS_CA $800,000 0.1%
12/3/23
BRIDGE $799,000
11/10/23
CRMLS_CA $799,000

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Listing provided by broker:

James McDonnell

Engel & Voelkers Pasadena

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This land located in Altadena, CA 91001 is currently for sale for $800,000. 566 W Palm Street is a – square foot land with – beds and – baths that has been on Estately for 11 days. This land is in the attendance area of Franklin Elementary School, John Muir High School, and Charles W. Eliot Arts Magnet Academy.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Engel & Voelkers Pasadena. Based on information from California Regional Multiple Listing Service, Inc. as of 19:36 on May 05.

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