3045 Sullivan Ave - Residential LAND FOR SALE


Rosemead, CA 91770 20,473 SF
$2,580,000 USD
626-696-0658
3045 Sullivan Ave, Rosemead, CA for Sale
$2,580,000 USD
Residential LAND - FOR SALE
1/4
20,473 SF

3045 Sullivan Ave
Rosemead, CA 91770


HIGHLIGHTS

  • Shovel-Ready RTI — No Entitlement Risk, Permit-Ready for Immediate Construction
  • Two Adjacent, Fully Subdivided APNs — 8 Units Total (4 Units Each)
  • Prime San Gabriel Valley Location — Strong Rental Demand, Limited Supply

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,580,000 USD

PRICE/ACRE

$5,489,362/AC

PRICE/SF

$126 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Shovel-ready RTI multifamily development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Planned Unit Development

LAND ACRES

0.47 AC

LAND SF

20,473 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R3

APN/PARCEL ID

8595-010-009

ASK ABOUT THIS PROPERTY

Timothy ChenReal BrokerMore Info
626-696-0658

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Timothy ChenReal BrokerMore Info
626-696-0658

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.