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3045 Sullivan Ave
Rosemead, CA 91770 Rosemead

$2,580,000 USD

Land For Sale  •  0.47 AC

Property Details

  • Property Type Land
  • Lot Size 0.47 AC
  • Zoning R3
50 Transit Score
60 Walk Score

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.

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

Public Transportation

Commuter RailDriveWalkDistance
El Monte Metrolink Station (Metrolink San Bernardino Line - Metrolink Trains) 7 min - 3.2 mi
Montebello/ Commerce Metrolink Station (Metrolink Riverside Line - Metrolink Trains) 14 min - 6.8 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 35 min - 24.8 mi
Bob Hope 34 min - 25.7 mi
Los Angeles International 40 min - 27.3 mi
Timothy Chen 626-696-0658 Real Broker
Timothy Chen 626-696-0658 Real Broker