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



812 W Fernfield Drive ,
Monterey Park, CA 91754
Single Family
Active
Listed by: Walter Castillo
Coldwell Banker Realty
323-464-9272
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, 03:21 AM
Added: 16 days ago
Rooms & Interior
Bedrooms
Bedrooms: 4
Bathrooms
Total Bathrooms: 2
Full Bathrooms: 2
Interior
Living Area: 1,640 Sq. Ft.
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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