$2,580,000

3045 Sullivan, Rosemead, CA 91770

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.48acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Rare shovel-ready RTI multifamily development opportunity in the heart of Rosemead, offering two adjacent, fully subdivided parcels each entitled for a 4-unit SB9 development, combining for a total of 8 units across both lots, with all planning approvals already complete so there is zero entitlement risk and no approval uncertainty — a buyer can pull permits and break ground immediately. Each lot is approved for approximately 2,054–2,069 SF of SB9 development across two floors, plus additional ADUs. The location offers unmatched convenience, just about 3 minutes to 99 Ranch Market, 9 minutes to Costco, 5 minutes to a local golf course, and 15 minutes to Downtown Los Angeles, all on a quiet, low-traffic residential street within the highly sought-after San Gabriel Valley submarket, known for strong rental demand, constrained housing supply, a high-quality tenant base, and stable rent performance — a rare opportunity to skip the entitlement process entirely and move straight to construction in one of the SGV's most in-demand rental markets.

Listing Status:
Active
Date Added:
August 12, 2026
Data Last Updated:
October 9, 2026 at 12:18AM
Listing Office:
Real Broker : 855-450-0442
Listing Agent:
Timothy Chen : 855-450-0442
Contact:
949-391-6668
MLS ID:
OC26177104
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: R38595010009
  • View: None
  • Water: Public
  • Source: CRMLS_CRM

This listing courtesy of Timothy Chen , Real Broker

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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