Altadena, CA 91001,566 W Palm ST
Altadena, CA 91001,566 W Palm ST
Altadena, CA 91001,566 W Palm ST
22
$780,000
$800,000
2.5%
Est.Price: ?

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0.38 Acres Lot

566 W Palm ST Altadena, CA 91001

Est. payment /mo
SOLD DATE : 06/12/2024

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Key Details

Sold Price $780,000

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRP1-17372

Sold Date 06/12/24

Originating Board California Regional MLS

Lot Size 0.377 Acres

Property Sub-Type Other Residential Land

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

Location

State CA

County Los Angeles

Area 604 - Altadena

Zoning LSR,GSL,SPKN,PRK,DNS

Exterior

Fence Chain Link

Utilities Available Electricity - On Site

View Greenbelt, Hills, Forest / Woods

Building

Lot Description Grade - Sloped Down , Grade - Gently Sloped

Water District - Public

Others

Tax ID 5829012005

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Listed by James McDonnell • Engel & Voelkers Pasadena
Bought with Jesse Ayala • WGRES INC.

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agent

Deven Siggins

Agent | License ID: 01989481

+1(831) 508-9596

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