Listed by Kevin Akbari, Rise Realty, (866) 344-7473 . Bought with Berkshire Hathaway HomeServices California Properties
701 E Palm St
Altadena, CA 91001
Homes for sale near 701 E Palm St
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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 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. Don’t miss this opportunity to build in a blue-chip pocket of Altadena where quality inventory is scarce and upside is significant.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from February 14, 2026
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 701 E Palm St
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Appliances & Utilities Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available |
View Has a ViewView: Mountain(s) |
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Frontage Not on Waterfront |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 189 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 5841015031 |
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Price List Price: $499,000 |
Status Change & Dates Off Market Date: Thu Jan 15 2026 |
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MLS Status: Closed |
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Direction & Address City: Altadena |
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Community Features: Suburban, ValleyNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 7480 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Mls Number: OC26005888Living Area Range Units: Square FeetAttribution Contact: inquiry@kvn.agencyCommon Interest: NoneUniversal Property Id: US-06037-N-5841015031-R-N |
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SuburbanValley |
Last check for updates: about 5 hours ago
Listed by Kevin Akbari DRE #01993351
Rise Realty
Bought with: Hilda Hernandez DRE #01218052, (626) 536-1485, Berkshire Hathaway HomeServices California Properties
Originating MLS: California Regional MLS
Source: CRMLS, MLS#OC26005888

Price History for 701 E Palm St
| Date | Price | Event | Source |
|---|---|---|---|
| 02/13/2026 | $470,000 | Sold | CRMLS #OC26005888 |
| 02/12/2026 | $499,000 | Pending | CRMLS #OC26005888 |
| 01/16/2026 | $499,000 | Contingent | CRMLS #OC26005888 |
| 01/10/2026 | $499,000 | Listed For Sale | CRMLS #OC26005888 |
| 08/06/2008 | $465,000 | Sold | N/A |
| 04/26/2008 | $460,000 | PriceChange | Agent Provided |
| 02/22/2008 | $565,000 | Listed For Sale | Agent Provided |
| 05/24/2006 | $635,000 | Sold | N/A |
| 04/21/2004 | $475,000 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
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| Tax | $3,229 |
| Assessment | $272,538 |
Home facts updated by county records
Comparable Sales for 701 E Palm St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Lot/Land | $570,000 | 09/15/25 | - | - | ||
0.07 | Lot/Land | $600,000 | 05/20/25 | - | - | ||
0.12 | Lot/Land | $602,777 | 06/24/25 | - | - | ||
0.14 | Lot/Land | $585,000 | 10/22/25 | - | - | ||
0.05 | Lot/Land | $590,000 | 02/03/26 | - | - | ||
0.15 | Lot/Land | $650,000 | 04/30/26 | - | - | ||
0.24 | Lot/Land | $515,000 | 12/23/25 | - | - | ||
0.26 | Lot/Land | $522,777 | 04/13/26 | - | - | ||
0.27 | Lot/Land | $580,000 | 04/01/26 | - | - |
Assigned Schools
These are the assigned schools for 701 E Palm St.
What Locals Say about Altadena
At least 208 Trulia users voted on each feature.
92 % Say it's dog friendly
89 % Say car is needed
86 % Say parking is easy
79 % Say yards are well-kept
79 % Say there's wildlife
72 % Say there's holiday spirit
70 % Say it's quiet
67 % Say people would walk alone at night
63 % Say neighbors are friendly
63 % Say they plan to stay for at least 5 years
55 % Say kids play outside
50 % Say it's walkable to grocery stores
45 % Say it's walkable to restaurants
42 % Say streets are well-lit
41 % Say there are sidewalks
38 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Homes for rent near 701 E Palm St
Off Market Homes Near 701 E Palm St
Explore by feature
701 E Palm St, Altadena, CA 91001 is a lot/land. This property is not currently available for sale. 701 E Palm St was last sold on Feb 13, 2026 for $470,000 (6% lower than the asking price of $499,000).