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Local Realty Service Provided by: Better Homes and Gardens Real Estate Lakeview Realty

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812 W Fernfield Drive , 

Monterey Park, CA 91754

$1,350,000

4Beds

2Baths

1,640Sq. Ft.

Single Family

Active

Listed by: Walter Castillo

Coldwell Banker Realty, Western Realty

323-464-9272

MLS#: 25493817Source: CRMLS

Price Summary

  • $1,350,000
  • $823.17 per Sq. Ft.

    About This Home

    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!

    Home Facts

    • Single Family
    • 4 Bedrooms
    • 2 Baths
    • Built in 1950

    Listing ID #: 25493817

    Last Updated: February 19, 2025, 01:53 AM

    Added: 16 days ago


    Rooms & Interior

    Bedrooms

    Bedrooms4

    Bathrooms

    Total Bathrooms2

    Full Bathrooms2

    Interior

    Living Area: 1,640 Sq. Ft.


    Heating and Cooling

    Heating & Cooling

    Cooling

    Cooling: Central Air


    Structure & Exterior

    Year Built: 1950

    Building Area: 1,640 Sq. Ft.


    Utilities

    Water Source: Public


    Finances & Disclosures

    Finances

    Price: $1,350,000

    Price per Sq. Ft: $823.17

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