
3047 Sullivan Ave Rosemead, CA 91770
Estimated payment $9,542/month
Highlights
- No HOA
- Laundry Room
- 1-Story Property
- Mildred B. Janson Elementary School Rated A-
- Bike Trail
About This Home
Read the description carefully. This is a development deal.
Fully Entitled 4-Unit Development Site in Prime Rosemead – Shovel-Ready in 2 Months.
The original ±20,644 SF lot has been subdivided into two parcels, each ±10,322 SF.
- 3045 Sullivan Ave includes an existing 2B/1B single-story home (±666 SF), currently rented for $2,050/month. Property can be delivered vacant.
- 3047 Sullivan Ave includes an existing 4B/3B single-story home (±1,832 SF), currently occupied by the owner’s relative, and can also be delivered vacant.
Each parcel is fully entitled and 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 provides the option to acquire both lots together, allowing development of 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 1953
Lot Details
- 10,332 Sq Ft Lot
- No Common Walls
Interior Spaces
- 1,832 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
Recreation
- Bike Trail
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
Map
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/14/2025 08/14/25 | For Sale | $1,500,000 | -- | $819 / Sq Ft |
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 |
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 |
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25182369

APN: 8595-010-009
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