566 West Palm Street

566 West Palm Street

Altadena, CA 91001

$800,000
Price
16,441 / 0.38
Lot Size / Acres
an aerial view of a house with a yard and mountain view in back
an aerial view of residential house with outdoor space and street view
a black and white photo of a picture
unknown
a picture of a room
a black and white photo of a picture
unknown
an aerial view of multiple house
an aerial view of residential house with outdoor space
an aerial view of residential houses with outdoor space
a view of a city
a view of a garden with a tree
a view of a park
a view of a swimming pool with a patio
a view of park with kids park
a view of a yard with plants and large trees
a view of yard with trees
a street view along with trees
a view of empty space with mountain view
a view of a garden

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...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.
  1. Listed by James McDonnell • DRE #01917344 • Engel & Voelkers Pasadena

Property Details for 566 West Palm Street

Subdivision Name
Not Applicable
View
Mountain(s), Trees/Woods, Park/Greenbelt

Location

Listing Courtesy of Engel & Voelkers Pasadena, James McDonnell, DRE #01917344
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LISTING UPDATED: 04/25/2024 10:24 AM

Property Details for 566 West Palm Street

StatusActive
MLS #P1-17372
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.38 AC
CountyLos Angeles County

Location

Listing Courtesy of Engel & Voelkers Pasadena, James McDonnell, DRE #01917344
Add your commute

Building Information for 566 West Palm Street

Lot Size0.38 AC

Payment Calculator

$4,918 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,366

Property Taxes

$552

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 566 West Palm Street

Summary
Location and General Information
  • Community Features: Foothills, Hiking, Horse Trails, Park, Street Lights
  • City: Altadena
  • Country: US
  • Directions: Take a right off Lincoln onto West Palm Street. Property located across the street from the park.
  • Area: 604 - Altadena
  • Road Surface Type: Paved
  • Unparsed Address: 566 West Palm Street, Altadena, CA 91001
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Other Annual Assessment Amount: $466.00
  • Tax Tract: 11527
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Features: Gentle Sloping, Park Nearby, Rectangular Lot, Sloped Down, Sprinklers None
  • Lot Size Acres: .38
  • Lot Size Square Feet: 16,441.00
  • Lot Size Area: 16,441.00
  • Lot Size Dimensions: 110 X 150
  • Lot Size Source: Public Records
  • Lot Size Units: Square Feet
  • Parcel Number: 5829012005
  • Possible Use: Residential, Multi-Family, Investment
  • Road Frontage Type: City Street
  • Zoning: R-1-7500
  • Property Type: Land
Property and Assessments
  • Current Use: Unimproved
  • Documents Count: 1
  • Sign On Property: Yes
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available, Sewer Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Chain Link
Interior Features
  • Total Bathrooms: 0
  • View: Yes
Multi Family
Multi-Family Information
  • Special Listing Conditions: Standard

Property History for 566 West Palm Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 566 West Palm Street

Taxable ValueLand$375,269Additions-Total$375,269
Tax Record2023$6,623 ($552 / month)
Home Facts
Beds2Stories1Lot Size16,436 SqFtStyleResidentialYear Built1923ZoningLCR175CountyLOS ANGELESAPN5829-012-005

Schools near 566 West Palm Street

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Franklin Elementary School
Public - K to 5
Charles W. Eliot Middle School
Public - 6 to 8
John Muir High School
Public - 9 to 12
Learning Works School
Charter - 7 to 12
Rating
School
Distance
Franklin Elementary School
PublicK to 5

Charles W. Eliot Middle School
Public6 to 8

John Muir High School
Public9 to 12

Learning Works School
Charter7 to 12

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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More information about 566 West Palm Street, Altadena, CA 91001

566 West Palm Street is a 0.38 ac of land for sale in Altadena, CA 91001. This property was listed for sale on April 24, 2024 by Engel & Voelkers Pasadena, it's currently listed at $800,000. It has been on the market for a total of 9 days and was last sold on January 4, 2024. This listing's school district is Pasadena Unified School District. Nearby schools include Franklin Elementary School, Charles W. Eliot Middle School and John Muir High School. 566 West Palm Street is a 0-bed, 0-bath, 0.38 ac of land on a 16,441 sq. ft. / 0.38 acres lot.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel & Voelkers Pasadena, James McDonnell, DRE #01917344

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.