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566 W Palm St | Altadena CA | 7251318177

James Mcdonnell

This listing was posted on RealtyWW.

$800,000

Plot For Sale In Altadena, California

Price:
$800,000
Location:
566 W Palm St, Altadena, CA
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 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.For more details: https://realtyww.info/land-lots_altadena-d57912/for-sale_i71120041
Property Type:
Land for Sale
Sq feet:
200 sq. ft.
For sale by:
Agent/Broker
Posted:
April 27 on RealtyWW
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More About this Listing: Plot For Sale In Altadena, California
Plot For Sale In Altadena, California is a Land for Sale at 566 W Palm St in Altadena CA. Find other listings like Plot For Sale In Altadena, California and listings near 566 W Palm St by searching Oodle Classifieds for Land for Sale in Altadena CA.