Monterey Park, CA 91754,812 W Fernfield Dr
Monterey Park, CA 91754,812 W Fernfield Dr
Monterey Park, CA 91754,812 W Fernfield Dr
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$1,299,000
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4 Beds
2 Baths
1,640 SqFt
Price Dropped by $51K

812 W Fernfield Dr Monterey Park, CA 91754

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,640 sqft

Price per Sqft $792

MLS Listing ID 25493817

Style Traditional

Bedrooms 4

Full Baths 2

Construction Status No Additions/Alter

HOA Y/N No

Year Built 1950

Lot Size 9,880 Sqft

Acres 0.2268

Property Sub-Type Single Family Residence

Property Description

Prime Investment & Development Opportunity in Monterey Park. Unlock the full potential of this rare corner-lot property in the highly sought-after city of Monterey Park, perfect for savvy investors, developers, and income-focused buyers. This exceptional offering includes approved plans for two additional units: a 3-bed, 2-bath second unit and a 2-bed, 2-bath ADU, making it a fully entitled, shovel-ready project. The existing structure is a well-maintained 4-bedroom, 2-bath single-family home, providing immediate rental income while you build. Once completed, the property will feature three separate units ideal for maximizing cash flow, 1031 exchange opportunities, or long-term appreciation. Whether you're looking to: Live in one unit and rent the othersCreate a high-yield multi-unit portfolio piece, or Take advantage of Monterey Park's strong rental demand, this property offers a powerful combination of location, entitlement, and income potential. Don't miss this rare opportunity to invest, develop, and generate lasting returns in one of Los Angeles County's most desirable rental markets.

Location

State CA

County Los Angeles

Area Monterey Park

Zoning MPR1*

Rooms

Other Rooms None

Dining Room 0

Kitchen Ceramic Counters

Interior

Heating Central

Cooling Central

Flooring Hardwood, Tile

Fireplaces Number 1

Fireplaces Type Living Room

Equipment Built-Ins

Laundry Inside

Exterior

Parking Features Detached, Garage - 2 Car, Gated

Garage Spaces 6.0

Pool None

Waterfront Description None

View Y/N No

View None

Building

Story 1

Sewer In Street

Water District

Architectural Style Traditional

Level or Stories One

Construction Status No Additions/Alter

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Coldwell Banker Realty

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agent

Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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812 W Fernfield Dr