9 days on rocket

566 W Palm St, Altadena, CA, 91001

$800,000

0.38 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewPark, Mountain(s), Trees/Woods
MLS #P1-17372
Lot Size0.38 Acres
StatusActive

About 566 W Palm St

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.

Property Details

Property Features

Listing Office:

  • Office Name: Engel & Voelkers Pasadena
  • Office Phone: (626) 584-0101
  • Listing Agent: James McDonnell

Exterior Features

Exterior Information:

  • View: Park, Mountain(s), Trees/Woods

Lot Features

Lot Information:

  • Lot: Sloped Down, Gentle Sloping, Rectangular Lot
  • Lot Size: 0.38 Acres

School Info

Assigned Schools Information:

  • John Muir High School, Public District Grades 9-12
  • Marshall Fundamental, Public District Grades 6-12
  • Charles W. Eliot Middle School, Public District Grades 6-8
  • Norma Coombs Alternative, Public District Grades KG-5
  • Don Benito Fundamental, Public District Grades KG-5

Other

Directions Information:

  • Directions: Take a right off Lincoln onto West Palm Street. Property located across the street from the park.

Price Information

Listing Price Info

Price Summary:

  • List Price: $800,000

Tax Information:

  • Annual Amount: $4,017
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Altadena, CA.

Med. Sold Price

$1.3M

Med. Price/SqFt

$790

Avg. Days On Market

20

# of Sold Homes

21

566 W Palm St vs Altadena

9 DAYS ON ROCKET

-11 Days

$800,000

-$525.8K Less

KEY TAKEAWAY

This property is $525.8K less than the Median Sold Price in Altadena, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #P1-17372

Listing Office:

  • Office Name: Engel & Voelkers Pasadena
  • Office Phone: (626) 584-0101
  • Listing Agent: James McDonnell

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 8:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 18, 2018Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,017$360,698
2020$3,863$357,000
2019$4,036$350,000
2018$2,005$350,000
2017$2,005$164,653

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5841326
7
/10
  • Norma Coombs Alternative

  • 2600 Paloma St

  • 4.50 miles

  • Public District Grades KG-5

school-card-donut-5841327
6
/10
  • Don Benito Fundamental

  • 3700 Denair St

  • 5.29 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5841328
3
/10
  • Charles W. Eliot Middle School

  • 2184 Lake Ave

  • 1.90 miles

  • Public District Grades 6-8

High School

school-card-donut-5841329
3
/10
  • John Muir High School

  • 1905 Lincoln Ave

  • 1.51 miles

  • Public District Grades 9-12

school-card-donut-5841330
5
/10
  • Marshall Fundamental

  • 990 N Allen Ave

  • 3.60 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,602. Typical income of Altadena, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 566 W Palm St

What is the listing price of this property?

The listing price of 566 W Palm St property is $800,000.

What type of property is this?

The property 566 W Palm St is land located in Altadena, California, 91001.

Is this property for sale now?

Active Listing: 566 W Palm St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 566 W Palm St are:
Norma Coombs Alternative: GreatSchools Rating 7/10
Don Benito Fundamental: GreatSchools Rating 6/10
Charles W. Eliot Middle School: GreatSchools Rating 3/10
John Muir High School: GreatSchools Rating 3/10
Marshall Fundamental: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,017 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 18, 2018 for $350,000. (source: MLS/tax record).

How much acreage is this property?

The property 566 W Palm St is 0.38 acres.
Rocket Homes logo

Interested in 566 W Palm St? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesCaliforniaLos Angeles CountyAltadena91001566 W Palm St

This home is located at 566 W Palm St in Altadena, CA and zip code 91001 in the The Verdugos neighborhood. This home sits on a 0.38 acre lot. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $800,000.

While more than 16 listings in Altadena, CA in April 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 2 were sold below. The number of homes for sale in Altadena, CA increased by 6.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 20 days, the median list price was $1,325,833.

From Rocket Homes Real Estate and based on county public records data.

More Resources