3045 Sullivan Ave Rosemead, CA 91770
Estimated payment $9,558/month
Total Views
296
6
Beds
5
Baths
2,498
Sq Ft
$600
Price per Sq Ft
Highlights
- 0.48 Acre Lot
- No HOA
- Bike Trail
- Mildred B. Janson Elementary School Rated A-
- Laundry Room
- 1-Story Property
About This Home
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.
Listing Agent
Real Broker Brokerage Phone: 949-391-6668 License #01939871 Listed on: 08/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,625
Year Built
- Built in 1947
Lot Details
- 0.48 Acre Lot
- No Common Walls
Parking
- 2 Car Garage
Interior Spaces
- 2,498 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 10009
- Assessor Parcel Number 8595010009
- $824 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Recreation
- Bike Trail
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $200
- Insurance Expense $1,100
- New Taxes Expense $16,000
- Operating Expense $17,300
- Gross Income $50,000
- Net Operating Income $30,000
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,625 | $1,379,040 | $1,034,280 | $344,760 |
| 2024 | $16,625 | $1,352,520 | $1,014,390 | $338,130 |
| 2023 | $16,716 | $1,326,000 | $994,500 | $331,500 |
| 2022 | $2,014 | $108,902 | $43,634 | $65,268 |
| 2021 | $1,975 | $106,768 | $42,779 | $63,989 |
| 2020 | $1,944 | $105,674 | $42,341 | $63,333 |
| 2019 | $1,943 | $103,603 | $41,511 | $62,092 |
| 2018 | $1,787 | $101,573 | $40,698 | $60,875 |
| 2016 | $1,681 | $97,630 | $39,118 | $58,512 |
| 2015 | $1,677 | $96,165 | $38,531 | $57,634 |
| 2014 | $1,666 | $94,283 | $37,777 | $56,506 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | For Sale | $1,500,000 | -- | $600 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,325,000 | First American Title | |
| Grant Deed | $1,300,000 | First American Title Company O | |
| Deed | -- | First American Title Company O | |
| Deed | -- | First American Title Company O |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,060,000 | New Conventional | |
| Previous Owner | $800,000 | Seller Take Back | |
| Previous Owner | $800,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25182369
APN: 8595-010-009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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