$780,000Sold Price
16,441 Sqft

566 Palm Street, Altadena, CA 91001

  • Land Property Type
Property Description

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 a

Basic Details
Land
Unimproved Land
Sold
CRP1-17372
$800,000
Greenbelt,Mountain(s),Trees/Woods
50
16,441 Sqft
0.38 Acre
Closed
Features
Other Water/Sewer, Electricity Connected, Sewer On Site
Public Sewer
: Sloped Down
Address Map
CA
Los Angeles
Altadena
91001
Palm Street
566
W118° 50' 24.9''
N32° 44' 8.4''
R-1-
W
Take a right off Lincoln onto W
Additional Info
Engel & Voelkers Pasadena
James McDonnell
jamesmcdrealtor@gmail.com
Sold
Public
For Sale
Price History
06/12/2024
$780,000
04/24/2024
$800,000
$0
Listing Information
2024-06-13T17:05:03Z
BayEast
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    Mallik Reddy Kesari
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