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For SaleLuxury

$2,480,000

20,769 sqft$119/sqft86 days on market

3045 Sullivan AVE

Rosemead, CA 91770

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

20,769

Square feet

—

Built

Listing narrative

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 agent (MLS): Timothy Chen · Listing brokerage (MLS): Real Broker

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,480,000

Beds

Beds n/a

Type

Land

Home Size

20,769 sqft

Baths

Baths n/a

Lot Size

0.48 acres

Year

Year n/a

Status

For Sale

Days on Market

86

$ / Sqft

$119

· 8% down, 7% APR, 30yr fixed
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Courtesy of Real Broker