1007 E Palm St Altadena, CA 91001

First time on the market in 59 years, this 1948 Traditional home presents a rare investment opportunity with endless potential to reimagine and add value. The property offers three spacious bedrooms, two bathrooms, and a 21' x 15' office/bonus room. The expansive living room features a classic masonry fireplace and large windows that flood the space with natural light, while the adjacent formal dining room and kitchen with breakfast nook create a functional layout ready for modernization. The backyard offers excellent usability with brick pavers on one level and a grassy area on the second level, complemented by a detached two-car garage at the rear of the property--perfect for additional development possibilities such as an ADU (buyer to verify). Recent upgrades include new vinyl plank flooring and new insulation, leaving cosmetic renovations as the next step to maximize return. This is an exceptional opportunity for investors, developers, or owner users to capitalize on a home with strong fundamentals, a generous lot, and versatile spaces. Assessor's records indicate 1,554 square feet, while measured interior square footage is 1,910 (buyer to verify permits).