812 W Fernfield Drive, Monterey Park, CA 91754
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
812 W Fernfield Drive,Monterey Park, CA 91754
$1,299,000
- 4 Beds
- 2 Baths
- 1,640 sq. ft.
- Single family
- Active
Listed by:walter castillo
Office:coldwell banker realty
MLS#:25493817
Source:CRMLS
Price summary
- Price:$1,299,000
- Price per sq. ft.:$792.07
About this home
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 4-bed, 3-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 others, Create 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.
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Home facts
- Year built:1950
- Listing ID #:25493817
- Added:271 day(s) ago
- Updated:November 01, 2025 at 01:11 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,640 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
Structure and exterior
- Year built:1950
- Building area:1,640 sq. ft.
- Lot area:0.23 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$1,299,000
- Price per sq. ft.:$792.07
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