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$ 2,580,000
Est. payment | /mo
0.48 Acres Lot
$ 2,580,000
Est. payment | /mo
0.48 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26177104
HOA Y/N No
Lot Size 0.477 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area 651 - Rosemead/S. San Gabriel
Zoning R3
Interior
Fireplace No
Exterior
Community Features Street Lights, Sidewalks
View Y/N No
View None
Building
Water Public
New Construction No
Others
Senior Community No
Tax ID 8595010009
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Timothy Chen Real Broker 949-391-6668, DRE #01939871
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