Rosemead, CA91770
| 2498 sqft | MLS# OC25182369
Tract:
For Sale $1,500,000
Description
Fully Entitled 4-Unit Development Site in Prime Rosemead – Shovel-Ready in 2 Months 3045 Sullivan Ave presents a rare opportunity to acquire a fully entitled residential development site in the heart of Rosemead. This ±10,322 SF parcel is approved for four new units — two spacious 4-bedroom main residences (±2,107 SF each) and two detached 3-bedroom ADUs (±1,200 SF each). Final construction drawings are in the last stage of plan check, and the property can be delivered shovel-ready in approximately 2 months with payment of remaining permit and impact fees. Located just minutes from GW Supermarket, Costco, golf courses, and only 15 minutes from Downtown Los Angeles, this site is ideally positioned for high rental demand and long-term appreciation. Upon construction completion, the entire 4-unit property can qualify for residential 30-year fixed-rate financing, offering buyers favorable long-term loan options not available for most multi-unit developments. Adjacent Opportunity: The identical neighboring parcel at 3047 Sullivan Ave is also available for sale. Buyers can acquire both lots together to build eight total units (4 main residences + 4 detached ADUs) across ±20,644 SF of land. New small-scale multi-unit projects are extremely rare in this supply-constrained market — this is the only new 4-plex development currently for sale in the area.
Facts
| Built in 1947 | Lot Size: 20768.00 sqft | HOA Dues: $0/month
Features
Listing provided by Timothy Chen, Real Broker
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025. 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, 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.