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
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.
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
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
DATE
EVENT
PRICE
Oct 18, 2018
Oct 18, 2018Home Sold
$350,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
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.
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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
7
/10
Norma Coombs Alternative
2600 Paloma St
Distance between this listing and this school4.50 miles
Public District Grades KG-5
6
/10
Don Benito Fundamental
3700 Denair St
Distance between this listing and this school5.29 miles
Public District Grades KG-5
Middle School
3
/10
Charles W. Eliot Middle School
2184 Lake Ave
Distance between this listing and this school1.90 miles
Public District Grades 6-8
High School
3
/10
John Muir High School
1905 Lincoln Ave
Distance between this listing and this school1.51 miles
Public District Grades 9-12
5
/10
Marshall Fundamental
990 N Allen Ave
Distance between this listing and this school3.60 miles
Public District Grades 6-12
Assigned Schools
7
/10
Norma Coombs Alternative
2600 Paloma St
Distance between this listing and this school4.50 miles
Public District Grades KG-5
6
/10
Don Benito Fundamental
3700 Denair St
Distance between this listing and this school5.29 miles
Public District Grades KG-5
Nearby Schools
5
/10
Jackson Elementary School
593 W Woodbury Rd
Distance between this listing and this school1.18 miles
Public Magnet Grades KG-5
Assigned Schools
3
/10
Charles W. Eliot Middle School
2184 Lake Ave
Distance between this listing and this school1.90 miles
Public District Grades 6-8
Nearby Schools
8
/10
Odyssey Charter
725 W Altadena Dr
Distance between this listing and this school0.23 miles
Public Charter Grades KG-8
3
/10
Washington Middle School
1505 N Marengo Ave
Distance between this listing and this school2.07 miles
Public District Grades 6-8
Assigned Schools
3
/10
John Muir High School
1905 Lincoln Ave
Distance between this listing and this school1.51 miles
Public District Grades 9-12
5
/10
Marshall Fundamental
990 N Allen Ave
Distance between this listing and this school3.60 miles
Public District Grades 6-12
Nearby Schools
5
/10
Aveson Global Leadership Academy
575 W Altadena Dr
Distance between this listing and this school0.11 miles
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 7/10Don Benito Fundamental: GreatSchools Rating 6/10Charles W. Eliot Middle School: GreatSchools Rating 3/10John Muir High School: GreatSchools Rating 3/10Marshall 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).
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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.