
Courtesy of: Timothy Chen, Real Broker, tc@connectedcompanies.com
$2,580,000
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Lot: 0.48 Acres
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Other
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$2,580,000
3045 Sullivan 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.
Courtesy of: Timothy Chen, Real Broker, tc@connectedcompanies.com
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