$2,580,000

3045 Sullivan, Rosemead CA, 91770

Price per sqft$124.23

Lot size0.48 Acres

Property typeLand

Listed by Timothy Chen CA DRE# 01939871 with Real Broker 949-391-6668

Overview

Active

Listed Aug 12, 2026

Updated Aug 14

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.

Additional information

MLS^® ID: OC26177104

Exterior Features

Lot Size: 0.48 Acres

Other Property Details

55+/Senior Community: No

Listed by Timothy Chen CA DRE# 01939871 with Real Broker 949-391-6668

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/14/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/14/2026 at 4:38 AM UTC Last Checked: 4:38 AM UTC