812 W Fernfield Drive

Monterey Park, CA 91754

$1,350,000

List Price

4

bed Beds

2

shower Baths

1,640 sqft

straighten / sqft

1950

calendar_month Built

Property Description

An exceptional development opportunity in one of Los Angeles' most coveted neighborhoods , Monterey Park. Nestled on a tranquil street, this rare property comes with RTI-approved plans for two additional units: a second unit featuring 3 bedrooms and 2 baths, and an ADU with 2 bedrooms and 2 baths. A turnkey project for investors, developers, and builders, this property offers the potential to create an architectural masterpiece with strong returns. The existing residence is a charming 4-bedroom, 2-bath single-family home situated on a spacious corner lot, providing ample space for all three structures. Whether you're looking to expand your real estate portfolio, create a multi-generational living arrangement, or generate rental income, this property offers limitless potential. With the flexibility to live in one unit while leasing the others or to capitalize on the rising demand for multi-family housing, this Monterey Park gem is an unparalleled investment opportunity. Don't miss your chance to develop, invest, and thrive in one of the city's most desirable locations!

Listing Information

List Price $1,350,000
Status Active
MLS 25493817
Type Residential
Subtype Single Family Residence
Year Built 1950
Lot Size 9,880
Structure Size 1,640
DOM 8
Courtesy Of Coldwell Banker Realty
Listing Agent Walter Castillo DRE#01141632

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 2
Flooring Information
Material Tile, Wood
Fireplace Information
Features Living Room
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Walter Castillo, Coldwell Banker Realty 213-792-0940. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 11th, 2025 at 7:43 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.