7745 Hellman Avenue, Rosemead, California 91770, Rosemead, 91770 - 50 bed, bath

7745 Hellman Avenue, Rosemead, California 91770 home-pic-0
ACTIVE$3,500,000
7745 Hellman Avenue, Rosemead, California 91770
50Beds
0Bath
26,711Sqft
16,018Lot
Year Built
2026
Close
-
List price
$3.5M
Original List price
$3.5M
Price/Sqft
$131
HOA
-
Days on market
-
Sold On
-
MLS number
OC25192139
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $3.50M(88th), sqft - 26711(88th), beds - 50(88th), baths - undefined(13th).

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 request; buyer to verify all information and feasibility to their satisfaction.

Price History

Date
Event
Price
08/25/25
Listing
$3,500,000
Condition Rating
Excellent

This listing is for a 'Small-Lot Development Opportunity' with a future 'year_built' of 2026. The provided image is a rendering of the proposed new construction. As a new development, once completed, the properties will be 'newly built' with all components being new and meeting current quality standards, aligning perfectly with the 'Excellent' condition criteria. There are no existing kitchens or bathrooms to assess, but they will be brand new upon completion.
Pros & Cons

Pros

Shovel-Ready Development: Entitlements are secured and plan check is submitted, significantly reducing development risk and time to construction, putting the buyer on a shovel-ready path within months.
High-Density Potential: Approved for a 20-unit program (15 primary homes + 5 ADUs) on 10 small-lot parcels, maximizing land utilization and potential revenue streams.
Flexible Exit Strategies: Offers versatility to either deliver as a 20-unit multifamily community or sell 10 fee-simple townhomes individually, catering to different investment strategies and market conditions.
Prime Location & Market Demand: Situated in a prime SGV infill corridor, benefiting from strong owner-user demand and a deep buyer pool for townhome-style product, indicating strong market viability.
Efficient Design & Parking: Proposed homes feature efficient footprints and the project includes 30 parking spaces with most units having 3-car garages, addressing key urban development needs.

Cons

Development & Construction Risk: As a development opportunity, the buyer assumes significant construction costs, timelines, and potential overruns, unlike purchasing an existing, income-generating asset.
Specialized Buyer Profile: The nature of this multi-unit development project limits the potential buyer pool to experienced developers or investors with substantial capital and expertise in construction and project management.
Affordable Housing Requirement: The inclusion of 2 Very Low-Income units via density bonus means a portion of the development will be subject to affordability restrictions, potentially impacting overall revenue projections or requiring specific compliance.

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