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Investment Highlights

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

Property Facts

Price $3,596,727 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Planned Unit Development
Total Lot Size 0.47 AC
Zoning R3

1 Lot Available

Lot

Price $3,596,727 CAD
Price Per AC $7,652,609.60 CAD
Lot Size 0.47 AC

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.

Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
8595-010-009
Land Assessment
$1,441,869 CAD
Improvements Assessment
$480,623 CAD
Total Assessment
$1,922,492 CAD
  • Listing ID: 41727133

  • Date on Market: 2026-08-13

  • Last Updated:

  • Address: 3045 Sullivan Ave, Rosemead, CA 91770

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