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Listed by Timothy Chen, DRE #01939871 • Real Broker
$ 2,580,000
Est. payment /mo
New
3045 Sullivan Rosemead, CA 91770
0.48 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26177104
Lot Size 0.477 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
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.
Location
State CA
County Los Angeles
Area 651 - Rosemead/S. San Gabriel
Zoning LY
Exterior
View None
Building
Water District - Public
Others
Tax ID 8595010009
Special Listing Condition Not Applicable
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