812 W Fernfield Drive, Monterey Park, CA 91754

Local realty services provided by:Better Homes and Gardens Real Estate Registry
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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

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Home facts

  • Year built:1950
  • Listing Id #:25493817
  • Added:191 day(s) ago
  • Updated:August 13, 2025 at 10:36 AM

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

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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