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Listed by Timothy Chen • Real Broker
$3,500,000
Est. payment /mo
50 Beds
26,711 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 26,711 sqft
Price per Sqft $131
MLS Listing ID CROC25192139
Bedrooms 50
HOA Y/N No
Lot Size 0.368 Acres
Property Sub-Type Townhouse
Source Datashare California Regional
Property Description
Read Carefully – This is a Small-Lot Development Opportunity. Offered at 7741–7745 Hellman Ave in Rosemead, this project consists of 10 small-lot parcels totaling ±16,018 SF across two parent parcels (APNs 5286-036-016 & -017), with approvals in place for a 20-unit program (15 primary homes including 2 Very Low-Income units via density bonus, plus 5 ADUs). The proposed homes range from ±2,420 to 2,782 SF each, for a combined ±26,711 SF of building area, with efficient footprints of ±667–720 SF on lots of ±1,513–1,729 SF and overall site coverage of 43%. Plans include 30 parking spaces, most units with 3-car garages, built to Type V-A construction with NFPA 13R sprinklers, and a 4-story / 40’ height profile consistent with R-3 zoning. Entitlements are secured with plan check submitted, eliminating entitlement risk and putting the buyer on a shovel-ready path within months. This is the right product in the right submarket, offering flexible exit strategies—deliver as a 20-unit multifamily community or sell 10 fee-simple townhomes individually to maximize returns. Located in a prime SGV infill corridor, the site benefits from strong owner-user demand and a deep buyer pool for townhome-style product. Full plans, reports, and plan-check materials are available upon re
Location
State CA
County Los Angeles
Interior
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage Spaces 30.0
Pool None
View None
Private Pool false
Building
Story 3
Water Public
Schools
School District Rosemead
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James Dye
Broker Associate | License ID: 00897803
Broker Associate License ID: 00897803