Big price reduction, won't last long. Rare opportunity to acquire a development lot at 940 E Mariposa St, Altadena, offering R3 zoning with potential for a variety of residential development options, subject to verification with the City of Altadena and applicable zoning requirements. The property benefits from an easement providing entrance/access to the rear of the lot through the adjacent neighborhood commercial parking lot, offering convenient rear access and additional flexibility for site planning and future development. Ideally positioned in an established Altadena neighborhood with convenient access to local shopping, dining, services, schools, and major transportation routes. This property presents an attractive opportunity for developers, investors, or buyers seeking a residential development site with valuable zoning and rear access. Buyer to independently verify zoning, allowable uses, development standards, easement rights, access, utilities, and all other property information with the appropriate governmental agencies.