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3045 Sullivan Avenue, Rosemead, CA 91770

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For Sale

$1,500,000

6 beds • 5 baths • 2,498 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $600.48
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# OC25182369

Courtesy Of Smart Real Estate Solutions

(619) 248-6434

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other

Map and Directions

Directions to 3045 Sullivan Avenue, Rosemead, CA 91770

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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