701 E Palm St

7,480 / 0.17
Lot Size / Acres

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...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.
  1. Listed by Kevin Akbari • DRE #01993351 • Brokerage DRE #01957687 • Rise Realty • inquiry@kvn.agency

Property Details for 701 East Palm Street

View
Mountain(s)
Lot Size Source
Assessor
Lot Size Dimensions
55 x 136
Assessor Parcel Number
5841-015-031
New Construction
No
Pool
No
View
Yes
View
Yes
LISTING UPDATED: 02/14/2026 04:47 AM

Property Details for 701 East Palm Street

StatusClosed
MLS #OC26005888
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.17 AC
CountyLos Angeles County

Location

Listing Courtesy of Rise Realty, Kevin Akbari, DRE #01993351

Sold By Berkshire Hathaway HomeServices California Properties, Hilda Hernandez, DRE #01218052

Add your commute

Building Information for 701 East Palm Street

Lot Size0.17 AC

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$2,560 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,291

Property Taxes

$269

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Rocket Mortgage1

Property Information for 701 East Palm Street

Income / Expense / Tax Details
Income Details
  • Current Financing: None
  • Financing: Conventional
Tax / Assessment Info
  • CFD/Mello-Roos Fee: $0
Community / Development
Community / Development
  • Assessments: Buyer to Verify
  • Community Features: Suburban, Valley
Property / Structure Info
Distance To
  • Distance To Water: 0
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Current Use: Residential
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer/Septic: Electric, Natural Gas
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Lots/Land

Property History for 701 East Palm Street

DateEvent & SourcePriceAppreciation
Feb 13, 2026

Sold

SDMLS #OC26005888

$470,000
Feb 13, 2026

Sold

CRMLS #OC26005888

$470,000
Feb 13, 2026

Sold

CLAW #OC26005888MR

$470,000
Feb 11, 2026

Pending

CRMLS #OC26005888

Jan 22, 2026

Sold (Public Record)

Public Record #1928674066

$470,000

+0.1% / yr

Jan 15, 2026

Accepting Backup Offers

CRMLS #OC26005888

Jan 15, 2026

Pending

CLAW #OC26005888MR

Jan 15, 2026

Pending

SDMLS #OC26005888

Jan 15, 2026

Accepting Backup Offers

CLAW #OC26005888MR

$499,000
Jan 15, 2026

Accepting Backup Offers

SDMLS #OC26005888

Jan 9, 2026

Listed (Active)

CLAW #OC26005888MR

$499,000
Jan 9, 2026

Listed (Active)

SDMLS #OC26005888

$499,000
Jan 9, 2026

Listed (Active)

CRMLS #OC26005888

$499,000
Jan 1, 2026

Expired

CRMLS #OC25143740

Dec 31, 2025

Expired

SDMLS #OC25143740

$574,000
Dec 31, 2025

Expired

CLAW #OC25143740MR

$574,000
Sep 23, 2025

Price Change

CRMLS #OC25143740

$574,000
Aug 4, 2025

Price Change

CLAW #OC25143740MR

$599,000
Aug 4, 2025

Price Change

CRMLS #OC25143740

$599,000
Aug 3, 2025

Price Change

SDMLS #OC25143740

$599,000
Jul 1, 2025

Listed (Active)

CRMLS #OC25143740

$649,000
Jun 30, 2025

Listed (Active)

CLAW #OC25143740MR

$649,000
Jun 30, 2025

Listed (Active)

SDMLS #OC25143740

$649,000
Aug 6, 2008

Sold

CLAW #12104425IT

$465,000
Aug 6, 2008

Sold

CRMLS #12104425

$465,000
Jul 14, 2008

Sold (Public Record)

Public Record #246433162

$465,000

-13.2% / yr

Jul 8, 2008

Pending

CRMLS #12104425

Jul 8, 2008

Pending

CLAW #12104425IT

Jan 18, 2008

Listed (Active)

CRMLS #12104425

$565,000
Jan 3, 2008

Listed (Active)

CLAW #12104425IT

$565,000
May 24, 2006

Sold

CRMLS #22070390

$635,000
May 24, 2006

Sold

CLAW #22070390IT

$635,000
May 24, 2006

Sold

VCF #P0-22070390

$635,000
May 2, 2006

Sold (Public Record)

Public Record #195591301

$635,000

+15.4% / yr

Apr 13, 2006

Pending

VCF #P0-22070390

Apr 13, 2006

Pending

CLAW #22070390IT

Apr 13, 2006

Pending

CRMLS #22070390

Apr 5, 2006

Listed (Active)

CLAW #22070390IT

$625,000
Apr 5, 2006

Listed (Active)

CRMLS #22070390

$625,000
Apr 5, 2006

Listed (Active)

VCF #P0-22070390

$625,000
Apr 21, 2004

Sold (Public Record)

Public Record #132930012

$475,000
Apr 21, 2004

Sold

CRMLS #22032577

$479,000
Apr 21, 2004

Sold

CLAW #22032577IT

$479,000
Apr 21, 2004

Sold

VCF #P0-22032577

$479,000
Mar 22, 2004

Pending

CLAW #22032577IT

Mar 22, 2004

Pending

VCF #P0-22032577

Mar 22, 2004

Pending

CRMLS #22032577

Mar 8, 2004

Listed (Active)

VCF #P0-22032577

$469,000
Mar 8, 2004

Listed (Active)

CRMLS #22032577

$469,000
Mar 8, 2004

Listed (Active)

CLAW #22032577IT

$469,000
DateEvent & SourcePrice
02/13/2026

Sold

SDMLS #OC26005888

$470,000
02/13/2026

Sold

CRMLS #OC26005888

$470,000
02/13/2026

Sold

CLAW #OC26005888MR

$470,000
02/11/2026

Pending

CRMLS #OC26005888

01/22/2026

Sold (Public Record)

Public Record #1928674066

$470,000

+0.1% / yr

01/15/2026

Accepting Backup Offers

CRMLS #OC26005888

01/15/2026

Pending

CLAW #OC26005888MR

01/15/2026

Pending

SDMLS #OC26005888

01/15/2026

Accepting Backup Offers

CLAW #OC26005888MR

$499,000
01/15/2026

Accepting Backup Offers

SDMLS #OC26005888

01/09/2026

Listed (Active)

CLAW #OC26005888MR

$499,000
01/09/2026

Listed (Active)

SDMLS #OC26005888

$499,000
01/09/2026

Listed (Active)

CRMLS #OC26005888

$499,000
01/01/2026

Expired

CRMLS #OC25143740

12/31/2025

Expired

SDMLS #OC25143740

$574,000
12/31/2025

Expired

CLAW #OC25143740MR

$574,000
09/23/2025

Price Change

CRMLS #OC25143740

$574,000
08/04/2025

Price Change

CLAW #OC25143740MR

$599,000
08/04/2025

Price Change

CRMLS #OC25143740

$599,000
08/03/2025

Price Change

SDMLS #OC25143740

$599,000
07/01/2025

Listed (Active)

CRMLS #OC25143740

$649,000
06/30/2025

Listed (Active)

CLAW #OC25143740MR

$649,000
06/30/2025

Listed (Active)

SDMLS #OC25143740

$649,000
08/06/2008

Sold

CLAW #12104425IT

$465,000
08/06/2008

Sold

CRMLS #12104425

$465,000
07/14/2008

Sold (Public Record)

Public Record #246433162

$465,000

-13.2% / yr

07/08/2008

Pending

CRMLS #12104425

07/08/2008

Pending

CLAW #12104425IT

01/18/2008

Listed (Active)

CRMLS #12104425

$565,000
01/03/2008

Listed (Active)

CLAW #12104425IT

$565,000
05/24/2006

Sold

CRMLS #22070390

$635,000
05/24/2006

Sold

CLAW #22070390IT

$635,000
05/24/2006

Sold

VCF #P0-22070390

$635,000
05/02/2006

Sold (Public Record)

Public Record #195591301

$635,000

+15.4% / yr

04/13/2006

Pending

VCF #P0-22070390

04/13/2006

Pending

CLAW #22070390IT

04/13/2006

Pending

CRMLS #22070390

04/05/2006

Listed (Active)

CLAW #22070390IT

$625,000
04/05/2006

Listed (Active)

CRMLS #22070390

$625,000
04/05/2006

Listed (Active)

VCF #P0-22070390

$625,000
04/21/2004

Sold (Public Record)

Public Record #132930012

$475,000
04/21/2004

Sold

CRMLS #22032577

$479,000
04/21/2004

Sold

CLAW #22032577IT

$479,000
04/21/2004

Sold

VCF #P0-22032577

$479,000
03/22/2004

Pending

CLAW #22032577IT

03/22/2004

Pending

VCF #P0-22032577

03/22/2004

Pending

CRMLS #22032577

03/08/2004

Listed (Active)

VCF #P0-22032577

$469,000
03/08/2004

Listed (Active)

CRMLS #22032577

$469,000
03/08/2004

Listed (Active)

CLAW #22032577IT

$469,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 701 East Palm Street

Taxable ValueLand$272,538Additions-Total$272,538
Tax Record2025$3,229 ($269 / month)
Home Facts
Beds2Total Finished SqFt1,714 SqFtAbove Grade Finished SqFt1,714 SqFtStories1Lot Size7,598 SqFtStyleSingle Family ResidenceYear Built1959ZoningLCR175CountyLOS ANGELESAPN5841-015-031

Schools near 701 East Palm Street

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Altadena Elementary School
PublicK to 5

Eliot Arts Magnet
Public6 to 8

John Muir High School
Public9 to 12

Pasadena Rosebud Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rise Realty, Kevin Akbari, DRE #01993351

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.